Majority of New Zealanders don't want Foreign buyers investing in NZ. No surprises there.
Now John Key is considering inputting some kind of stamp duty type of tax on these buyers.
This tax could go towards infrastructure, particularly roading.
Even if only half the immigrants that settle in Auckland are buying a car and driving on the roads, this is the cause of the continual congestion on roads.
Now John Key is considering inputting some kind of stamp duty type of tax on these buyers.
This tax could go towards infrastructure, particularly roading.
Even if only half the immigrants that settle in Auckland are buying a car and driving on the roads, this is the cause of the continual congestion on roads.
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