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Chinese Investors spending up big in NZ

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  • Wealthy Chinese buyers snap up property | Stuff.co.nz - Christchurch
    Wealthy Chinese-based buyers are paying big money for Canterbury homes, including $5 million splurged in just three days.

    Local real estate agents are travelling to China to cash in on its global property spending boom and advertising on specialist foreign websites.

    Attending a recent luxury property expo in Shanghai, realtor Bayleys Canterbury found buyers for $5.4m worth of homes in three days. They hope for even more sales at a similar event in Beijing in April

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    • Don't tell Elguapo according to him it's not happening :-)

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      • Originally posted by Damap View Post
        Don't tell Elguapo according to him it's not happening :-)
        Now that's a interesting twist on what I've said. Specifically I have said there is no Chinese milk processing companies buying active dairy land in NZ. There are most certainly Chinese buyers picking up houses and plenty of them.

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        • Even though even the Granny showed how much they were buying recently. You keep that flat earth position El :-)

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          • Originally posted by Damap View Post
            Even though even the Granny showed how much they were buying recently. You keep that flat earth position El :-)
            Once again, put up.....which Chinese dairy processing company specifically.

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            • I already posted the article in the thread.

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              • Its a crime this paradise is getting sold from under our feet, let non kiwis own it for their lifetime then it resorts back to kiwi ownership - share paradise to a point.

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                • Originally posted by Damap View Post
                  I already posted the article in the thread.
                  So you can answer the question easy then, no?

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                  • Yes I could. But you can read.

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                    • C'mon, put away the razor blades, please. The hair's getting too thing to split any further.

                      Is it or is it not, Chinese ownership vs Chinese dairy processing company ownership?

                      Perry
                      Moderator

                      Comment


                      • Originally posted by Perry View Post
                        C'mon, put away the razor blades, please. The hair's getting too thing to split any further.

                        Is it or is it not, Chinese ownership vs Chinese dairy processing company ownership?

                        Perry
                        Moderator
                        Not really a hair splitting issue from my point of view. Chinese owning farms is one thing, a vertically intergrated Chinese operation that owns the farm and processing is another thing entirely. Quite a big step that has all kinds of ramifications. We really shouldn't be allowing the purchase of farmland IMO, given NZ'ers can't buy land in China. What's good for the goose is good for the gander 'n all.

                        Damap seems to view the 'Chinese' as an organic whole, or at least that's how it seems to come across. AFAIK, currently, no Chinese milk processing company owns operating dairy land in NZ, nothing that has been posted disproves that.

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                        • It may never be public that's the way they roll. I only know through fa personal relationship involved in helping them buy. They may always appear to be a separate entity but deception is a virtue in their culture. I don't care whether you believe me I am just advising you of the facts.

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                          • But you haven't put out any facts at all, just vague allusions.

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                            • What I'm getting at is drop the subject.
                              No winners - no losers. Just agree to
                              disagree and leave it at that, please.

                              Perry
                              Moderator

                              Comment


                              • Originally posted by Damap View Post
                                It may never be public that's the way they roll. I only know through fa personal relationship involved in helping them buy. They may always appear to be a separate entity but deception is a virtue in their culture. I don't care whether you believe me I am just advising you of the facts.
                                You must go through a lot of white pillow cases

                                You have dealt with handful of Chinese so you know them all - LMFAO

                                Your so called facts never come with any proven presentable fact.

                                As you have demonstrated you do not have a clue.

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