16 Aug 2018

Foreign ban is on

From The Panel, 4:19 pm on 16 August 2018

The foreign ban is now in effect, after years of to and fro. It's still unclear when or what effect this will have on house prices. Now the question is about how this will impact on our international reputation.

Foreign commentators have come out saying Chinese buyers are not the problem.

Dave Platter, PR and Communications director for leading Chinese international property website, Juwai, tells us why.

Foreign investors make up a small proportion of house buyers, so are not pushing up house prices - Housing Minister Nick Smith.

Photo: RNZ / Diego Opatowski