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Billionaires upset over New Zealand’s ban on them buying homes

Billionaires upset over New Zealand’s ban on them buying homes

“We just want to help you by spending money!” That’s, in essence, what billionaires like California’s Ric Kayne are telling New Zealand’s government as they argue for an easement of the country’s proposed laws on foreign property ownership. “The vision we have for what we would like to contribute to New Zealand is now being threatened,” Kayne wrote to a parliamentary committee, according to Bloomberg. “Having discovered this country, [we] want to devote considerable resources […]


Source: realdeal

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