The Government has has used the launch of a new build-to-rent facility in Auckland to announce new rules for the Overseas Investment Act.

More money will be directed towards build-to-rent developments - and foreign investors will have a streamlined pathway to acquire land for said developments.

Infometrics principal economist Brad Olsen says this move will likely add to the nation's housing supply over time.

LISTEN ABOVE

The Government has has used the launch of a new build-to-rent facility in Auckland to announce new rules for the Overseas Investment Act.
More money will be directed towards build-to-rent developments - and foreign investors will have a streamlined pathway to acquire land for said developments.
Infometrics principal economist Brad Olsen says this move will likely add to the nation's housing supply over time.
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

Brad Olsen: Infometrics principal economist on the Government changing the Overseas Investment Act

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f2f10a01-3dd9-47d7-b7da-b18c008d3949/transcript