SKIP TO MAIN CONTENT

A law banning foreigners from buying property is due to pass in New Zealand

Auckland
Auckland's housing market is one of the least affordable in the world, a new survey shows. (AAP) Source: AAP

1 min read

Published

Updated

By Helen Chen



Skip to article content

New Zealand is set to pass a bill which ban property-buying foreigners this week.

The bill would still allow foreigners to buy new apartments in large developments and multi-storey blocks.

Please visit Mandarin page for more information.


News

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS Chinese

Download our apps

Listen to our podcasts

Get the latest with our exclusive in-language podcasts on your favourite podcast apps.

Watch on SBS

Simplified Chinese Collection

Watch onDemand

Stream now