Greens Seek Prime Land Sale Ban

The Green Party is drafting a Bill to prohibit overseas speculators, foreign corporations and non-residents from buying up the country's farmland, waterfront, baches and high country stations.

Thursday, November 6th 2003, 1:03AM

by The Landlord

At the same time, the government has been recruiting highly skilled American migrants - a campaign predicted to stoke speculative interest in New Zealand's property market and raise the stakes for domestic buyers.

Read More - Opens in a new window
« Rising petrol prices not good for propertyGovt announces overseas investment review »

Special Offers

Commenting is closed

www.GoodReturns.co.nz

© Copyright 1997-2024 Tarawera Publishing Ltd. All Rights Reserved