A few days ago, New Zealand`s youngest Prime Minister Jacinda Ardern took office, the news of the world, become New Zealand`s new "boss"!
During the campaign, Jacinda Ardern announced that if Labour wins, it will have a 100-day plan.
New Zealand version of "100-Day Renewal"!
Focus on solving the problem of housing overheating in New Zealand, learn from Australia, tighten all kinds of housing policies!
One of them, stunned the Chinese circle!
Before Christmas, the policy of "forbidding overseas buyers to buy New Zealand houses" will be implemented.
It is prohibited for overseas buyers to buy existing homes in New Zealand!
Including new and second-hand housing, all prohibited overseas people to buy!
So far, finally!
New Zealand government suddenly issued a document announcing: new Zealand overseas buyers purchase ban officially established!
Time, did not keep the original Christmas before the implementation of the promise, established as: starting next year (2018) early next year (2018), overseas property buyers are prohibited from buying New Zealand property!
The concrete implementation plan is as follows!
Modify New Zealand`s existing overseas Investment Act Overseas Investment Act, defines residential housing as a sensitive asset.
Non-New Zealand residents or New Zealand nationals will not be able to buy any New Zealand property.
New Zealand Prime Minister Jacinda Ardern said the reform, as one of the most important part of the 100-day reform promised before, has changed in time.
It will be implemented as soon as it is passed at the beginning of next year.
Jacinda Ardern`s plan has received a lot of support from New Zealand`s political parties, and it is only a matter of time before it is implemented.
In fact, the pressure to implement the programme before Christmas is not in New Zealand, but overseas.
Like Australia, New Zealand`s property has attracted a lot of attention from investors around the world and has become a hot place to invest.
During the period, the, Jacinda Ardern focused on whether the implementation of the bill banning overseas investment and overseas buyers would affect the New Zealand government`s previous trade agreement.
Such as Free Trade Agreement (Free Trade Agreement).
And the Trans-Pacific Partnership Agreement (Trans-Pacific PartnershipAgreement), also known as "Economic NATO."
But only a small number of trade policies in Singapore and New Zealand are currently affected, Jacinda Ardern said.
The New Zealand government has formed a special panel to discuss property investment in the Trans-Pacific Partnership Agreement.
All the resistance is being solved smoothly!
Specifically for Australia`s, Jacinda Ardern, this policy does not apply to Australians who want to settle in New Zealand!
Open up to Australians, but also reflect the two countries` solid foundation of emotional crony!
Jacinda Ardern also made a special statement at the press conference that its policy of banning overseas buyers from buying homes has received the support of various political parties and is considered a good solution to the problem from all walks of life.
More than 70 percent of New Zealanders agreed to the killing of overseas buyers by the Jacinda Ardern, according to popular intentions.
Of course, there are different voices.
Jacinda Ardern`s reform rules: the only way to own your own property in New Zealand is to buy your own land or "do it yourself" step by step through New Zealand real estate companies from buying land to building it.
In short, you can buy and sell land, build yourself, but do not buy a house.
Opposition sceptics in New Zealand claim that the "ban order" raises far more problems than it solves.
It is illegal to buy a small 70-square apartment, so buy 7 hectares of land?
It`s just a change of soup and dressing!
No matter how controversial New Zealand`s political parties are, the "three fires" of the new prime minister, Jacinda Ardern, have been set on fire.
The policy has been officially confirmed to be implemented!
Jacinda Ardern said Australian politicians had previously realized that massive investment by overseas buyers had affected the health of the Australian housing market as a result of the pace of housing prices rising in Australia.
But! Even after Australia has repeatedly introduced policies such as "overseas buyers are not allowed to buy second-hand homes", "add vacancy tax", "increase land tax", "levy higher stamp duty", "cancel overseas assets can be lent to Australian banks", and so on. House prices in Australia are still not well controlled.
Australian housing market and New Zealand housing market is very similar, this new regulation once implemented and achieved good results, Australia is bound to follow up!
This week, Australia naturally became the first country to visit Jacinda Ardern, when the new Prime Minister of New Zealand will complete his first meeting with the Prime Minister of Australia to discuss the future development of the two countries!
This ban on overseas home purchase must be the focus of discussion between the two sides, in the future Australia apart from citizens and PR are not allowed to buy the current home, it is estimated that the day is not far away!
