Mark Harris: Sotheby's International Reality Managing Director on foreign buyer ban
Heather du Plessis-Allan Drive - A podcast by Newstalk ZB - Wednesdays
National promised in the last election to allow foreigners to buy $2m-plus properties - reversing a ban introduced by the previous Labour government – with exceptions for Australians and Singaporeans. However, this was vetoed by National’s coalition partner - New Zealand First. Sotheby's NZ Managing Director Mark Harris told Heather du Plessis-Allan “New Zealand’s always been of interest – but there’s definitely been a lot of interest of late.” Harris said “We’re half-expecting that there might be an announcement that there might be some easing of the foreign buyer rule.” LISTEN ABOVE. See omnystudio.com/listener for privacy information.