New Zealand Is Open to Investment, Says Prime Minister Ardern

New Zealand Is Open to Investment, Says Prime Minister Ardern

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Business

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The transcript discusses New Zealand's housing policy, focusing on the ban of residential property sales to foreigners and its alignment with other nations. It emphasizes the need for productive investment in the economy over the housing market. The government addresses supply and demand issues by partnering with developers to increase affordable housing. Ambitious targets are set to build 100,000 homes, with a focus on community ties and urban development.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary reason New Zealand banned the sale of residential properties to foreigners?

To discourage foreign investment

To increase housing prices

To reduce the number of tourists

To align with other countries like Australia

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the New Zealand government's approach to addressing the housing supply issue?

Increasing taxes on developers

Partnering with developers to build more homes

Reducing the number of new homes built

Focusing solely on luxury housing

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many homes does New Zealand aim to build over time to address housing issues?

150,000

100,000

75,000

50,000

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is home ownership considered important in New Zealand culture?

It is a sign of wealth

It is mandated by the government

It is a recent trend

It helps build community ties and stability

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major concern in cities like Auckland regarding housing?

Lack of luxury apartments

Too many rental properties

High home prices

Excessive foreign ownership