Will Phil Twyford, Rob Salmond and Andrew Little apologise now

The facts are in and the supposed crisis in Auckland housing caused by people with chinky sounding names is actually non-existent.

Highly-anticipated new Government data shows that three per cent of New Zealand homes were bought by non-resident buyers in the last three months.

That amounted to 1089 homes which were sold to people who were not New Zealand citizens or a holder of a resident, student or work visa between January and March.  

Chinese tax residents were the biggest buyers, snapping up 321 of those properties (29.5 per cent), followed by Australians on 312 properties (28.6 per cent).

In Auckland, the level of foreign investment was slightly higher than the national level, at 4 per cent, or 474 properties. Nearly 60 per cent of these properties went to Chinese tax residents.

The data was revealed this afternoon by Land Information New Zealand (LINZ) and is the first snapshot of the level of non-resident activity in the housing market.

Three percent? that means that 97% of houses were bought up by Kiwi buyers.

Another Labour lie busted.

Andrew Little, Rob Salmond, Phil Twyford and Labour should be begging for forgiveness.

 

– NZ Herald


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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story. When he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet. Cam Slater doesn’t do quiet and, as a result, he is a polarising, controversial but highly effective journalist who takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him, you can’t ignore him.

To read Cam’s previous articles click on his name in blue.

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