The coalition's confident allowing certain wealthy foreign buyers to buy a home won't drive up house prices.

It's agreed to pass changes, allowing people on an Active Investor Plus visa to buy or build one home in New Zealand - worth a minimum of $5 million.

The visa requires an additional investment of at least $5 million, on top of the price of the home.

Newstalk ZB senior political correspondent Barry Soper says these changes make sense for investors.

LISTEN ABOVE

The coalition's confident allowing certain wealthy foreign buyers to buy a home won't drive up house prices.
It's agreed to pass changes, allowing people on an Active Investor Plus visa to buy or build one home in New Zealand - worth a minimum of $5 million.
The visa requires an additional investment of at least $5 million, on top of the price of the home.
Newstalk ZB senior political correspondent Barry Soper says these changes make sense for investors.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Barry Soper: Newstalk ZB senior political correspondent on the Government allowing foreign investors to buy a home under certain conditions

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/6b9302a5-1d58-47ac-bc0e-b34b0056049f/transcript