It’s not his main point, but Raybon Kan answers the question: Why would you move to New Zealand and buy a house? Simple, it’s “time zones away from industrial smog and religious loonies, yet voluptuous with fresh produce.”
I'm certainly not surprised overseas people want to buy. Ask James Cameron: he thinks New Zealand is paradise, and he invented Pandora.
Look at us: time zones away from industrial smog and religious loonies, yet voluptuous with fresh produce. How safe are we? We literally couldn't be further away from Greece's economy. Only the easy-going pace of our internet prevents every Silicon Valley billionaire from moving here. New Zealand is a lifestyle block. We are that Instagram of Sunday brunch (#nofilter) - but better: with schools.
So try to put a price on that. What's it really worth to live in NZ? What would you pay? Now, ask some of the richest people in the world - people who think the sky on a clear day is dark beige. People who think drinkable water is a miracle. People who look at Auckland traffic and see a babbling river of motoring joy. Remember how, decades ago, New Zealanders didn't value beachside property - and how that's unbelievable now? That's how Auckland, even with deep traffic thrombosis, looks to mainland Chinese.
Easy to take all that for granted when you’re sitting in those hardening arteries.
But, no, that doesn’t mean the gummint should ban NZers selling their houses to foreigners. Or needs to.
NB: Mind you, every day there’s more new statist garbage like this to endure: ‘Password law for Customs "necessary".’