New Zealand Bans Foreigners From Buying Homes

New Zealand Bans Foreigners From Buying Homes

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

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The video discusses the New Zealand government's view on the housing market, highlighting issues like high house prices and low homeownership rates. It explores the reasons behind these challenges, such as poor supply and foreign buyers. The government has prioritized restricting foreign investment in existing homes, with exceptions for citizens from Australia and Singapore. The video also examines the impact of these restrictions on foreign investment and the economy, emphasizing the need for foreign investors to connect New Zealand to the global market.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What has been the government's view regarding house prices in New Zealand?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What reasons were identified for the increase in house prices?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges do foreign buyers face when trying to purchase existing homes?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What exceptions exist for foreign investors looking to buy new houses?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the government view foreign direct investment in relation to the economy?

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