The Reading / Listening - Home Buyers - Level 5

New Zealand has announced a ban on foreigners buying houses. It said the ban would begin in early 2018. The measure is to tackle the country's housing crisis. For the past decades, overseas buyers have been buying houses as investments or for holiday homes. This has increased demand for homes, which has seen house prices rise. Prices have risen by more than 50 per cent in the last decade. New Zealanders are angry about the inflated prices they have to pay to buy a home. Many citizens have simply been priced out of the market and cannot afford to get on the housing ladder.



The government is determined to end overseas investment increasing house prices. It wants to make it easier for Kiwis to buy their first home. It said: "We are stopping foreign speculators buying houses and driving up prices. Kiwis should not be outbid like this." Overseas investors will still be able to buy land. The government said the changes would not stop non-citizens from buying residential land. It stated: "Our position has always been that if you're adding to supply…then you will be able to build." It hopes the ban will "take some of the heat" out of the property market.

Try the same news story at these levels:

    Home Buyers - Level 4 or  Home Buyers - Level 6

Sources
  • http://www.reuters.com/article/us-newzealand-politics-housing/new-zealand-pm-says-ban-on-foreign-home-buyers-to-start-early-2018-idUSKBN1D00AR?il=0
  • http://www.radionz.co.nz/news/political/342781/foreign-home-buyers-to-be-banned-pm
  • https://www.bloomberg.com/news/articles/2017-10-31/new-zealand-to-slap-home-buying-ban-on-foreigners-to-ease-market


Make sure you try all of the online activities for this reading and listening - There are dictations, multiple choice, drag and drop activities, crosswords, hangman, flash cards, matching activities and a whole lot more. Please enjoy :-)



Phrase Matching

Paragraph 1

  1. the ban would begin
  2. tackle the country's housing
  3. buying houses as
  4. This has increased demand
  5. angry about the inflated
  6. pay to
  7. priced out of
  8. get on the housing
  1. buy a home
  2. for homes
  3. ladder
  4. in early 2018
  5. the market
  6. investments
  7. prices
  8. crisis

Paragraph 2

  1. The government is
  2. end overseas
  3. It wants to make it
  4. stopping foreign speculators
  5. driving up
  6. investors will still be able
  7. residential
  8. take some of the heat out of
  1. easier
  2. to buy land
  3. the property market
  4. prices
  5. land
  6. determined
  7. buying houses
  8. investment

Listening — Listen and fill in the gaps

New Zealand has announced (1) ___________________ foreigners buying houses. It said the ban would begin in early 2018. The (2) ___________________ tackle the country's housing crisis. For the past decades, (3) ___________________ been buying houses as investments or for holiday homes. This has increased demand for homes, which has seen (4) ___________________. Prices have risen by more than 50 per cent in the last decade. New Zealanders are angry about (5) ___________________ they have to pay to buy a home. Many citizens have simply been priced out of the market and cannot (6) ___________________ on the housing ladder.

The government is determined (7) ___________________ investment increasing house prices. It wants to (8) ___________________ for Kiwis to buy their first home. It said: "We are stopping foreign speculators buying houses and (9) ___________________. Kiwis should not be outbid like this." Overseas investors will still be (10) ___________________ land. The government said the changes would not stop non-citizens from buying residential. It stated: "Our position has always been that if you're (11) ___________________ …then you will be able to build." It hopes the ban will "take some of the heat" out (12) ___________________ market.

Put a slash (/) where the spaces are

NewZealandhasannouncedabanonforeignersbuyinghouses.Itsaidth
ebanwouldbegininearly2018.Themeasureistotacklethecountry'sho
usingcrisis.Forthepastdecades,overseasbuyershavebeenbuyinghou
sesasinvestmentsorforholidayhomes.Thishasincreaseddemandforh
omes,whichhasseenhousepricesrise.Priceshaverisenbymorethan50
percentinthelastdecade.NewZealandersareangryabouttheinflatedp
ricestheyhavetopaytobuyahome.Manycitizenshavesimplybeenprice
doutofthemarketandcannotaffordtogetonthehousingladder.Thegov
ernmentisdeterminedtoendoverseasinvestmentincreasinghousepri
ces.ItwantstomakeiteasierforKiwistobuytheirfirsthome.Itsaid:"We
arestoppingforeignspeculatorsbuyinghousesanddrivingupprices.Ki
wisshouldnotbeoutbidlikethis."Overseasinvestorswillstillbeabletob
uyland.Thegovernmentsaidthechangeswouldnotstopnon-citizensfr
ombuyingresidentialland.Itstated:"Ourpositionhasalwaysbeenthati
fyou'readdingtosupply…thenyouwillbeabletobuild."Ithopesthebanw
ill"takesomeoftheheat"outofthepropertymarket.

Student survey

Write five GOOD questions about this topic in the table. Do this in pairs. Each student must write the questions on his / her own paper. When you have finished, interview other students. Write down their answers.

(Please look at page 12 of the PDF to see a photocopiable example of this activity.)

Discussion — Write your own questions

STUDENT A’s QUESTIONS (Do not show these to student B)

(a) ________________

(b) ________________

(c) ________________

(d) ________________

(e) ________________

(f) ________________

(g) ________________

(h) ________________

STUDENT B’s QUESTIONS (Do not show these to student A)

(i) ________________

(j) ________________

(k) ________________

(l) ________________

(m) ________________

(n) ________________

(o) ________________

(p) ________________





Free writing

Write about this topic for 10 minutes. Comment on your partner’s paper.

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Answers

(Please check your answers against the article above.

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