New Zealand Is Open to Investment, Says Prime Minister Ardern

The transcript discusses New Zealand's housing policy, focusing on the ban of residential property sales to foreigners and its alignment with other nations. It emphasizes the need for productive investment in the economy over the housing market. The government addresses supply and demand issues by partnering with developers to increase affordable housing. Ambitious targets are set to build 100,000 homes, with a focus on community ties and urban development.

What is the primary reason New Zealand banned the sale of residential properties to foreigners?

• To discourage foreign investment

• To increase housing prices

• To reduce the number of tourists

• To align with other countries like Australia

What is the New Zealand government's approach to addressing the housing supply issue?

• Increasing taxes on developers

• Partnering with developers to build more homes

• Reducing the number of new homes built

• Focusing solely on luxury housing

How many homes does New Zealand aim to build over time to address housing issues?

• 150,000

• 100,000

• 75,000

• 50,000

Why is home ownership considered important in New Zealand culture?

• It is a sign of wealth

• It is mandated by the government

• It is a recent trend

• It helps build community ties and stability

What is a major concern in cities like Auckland regarding housing?

• Lack of luxury apartments

• Too many rental properties

• High home prices

• Excessive foreign ownership