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本帖最后由 bungyjumping999 于 2018-1-31 12:59 编辑
If most people are excluded from buying NZ houses, there are not many people left, really.
Excluded people:
1) Resident visa - can't buy, if not here for 2 years.
2) Student, worker visas - can't buy.
3) Permanent Resident Visa - if you leave the country, and not here for more than 183 days in a year, can't buy
People who can buy are:
1) people who don't much money and local people
2) people on benefits
3) sellers waiting for buyers
Unintended consequences:
-Some of the Development projects in Auckland will stop, as they can't even sell them to overseas buyers. Only waiting for the locals to come for a bargain. Bank won't give out loan for development projects (eg bridging loan) if the buyers (majority) are "overseas people"
- Most real estate agencies will lose sales persons.
- Property related industries will get hard hit
- government holding 3rd party (agent, conveyancer) responsible (liable) for certifying the person is not overseas people will make people walk away from giving the service.
- immigration and student number will decrease for sure, no point to come to this country if their main intention is to migrate.
- Government rather than increasing the supply of houses will find little incentive for developer to go in development if there is little profit to be made..... shoting their own feet.
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