New Zealand’s Peters Open to Relaxing Foreign Home Buyer Ban
- Deputy Prime Minister would allow sales if economy benefits
- Suggests only homes at top end of market would be acceptable
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New Zealand First leader Winston Peters said he’s open to allowing foreigners to buy expensive houses if they also invest in the country.
Peters, who is Deputy Prime Minister in the new coalition government, was asked whether there are any circumstances in which he would support relaxing the current foreign buyer ban.