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Miriam Bell
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Foreign buyers biggest market influence - poll

Wednesday 7th of December 2016

The Property Institute has released the results of a poll on public perceptions about the property market and it throws up some interesting findings.

Just how much of an impact foreign buyers may be having on the property market and prices has been the subject of much debate.

Land Information New Zealand (LINZ) data might show that people with overseas tax residency have accounted for around 3% of the country’s property sales over the past three quarters.

But the poll results indicate, once again, that popular opinion holds that the influence of foreign buyers goes far beyond the level of the LINZ data.

Property Institute chief executive Ashley Church said the research measured the perceived impact on property prices of five price influencers.

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FMA outlines its latest expectations for advisers
Paul Flood: The danger is that the 'goalposts' (regarding what is acceptable or unacceptable adviser conduct) may be susceptible to change. Our 'Principles based' legal/regulatory environment lends itself to “prevalence-induced concept change” over time, perhaps not so much in the written laws and Code, as in the interpretation of the prescribed principles.
2 days ago Steve Wright
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Just a tip, if you use more than six, six letter words in a sentence you lose most Kiwi's. So avoid client/adviser confusion when writing your post or article if you would like it read and understood. Ironically, my last sentence was not likely read.
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