Gap Fill - Home Buyers - Level 4


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   angry      ban      crisis      decade      demand      early      easier      foreigners      government      heat      home      homes      investments      ladder      market      overseas      position      speculators      supply      years  
New Zealand is banning from buying houses. The ban will start in 2018. The is to tackle the housing . For the past , overseas buyers have been buying houses as . This has increased , which has increased house prices by over 50 per cent in ten . New Zealanders are they have to pay more to buy a home. Many are priced out of the market. They cannot get on the housing .

The wants to stop investors increasing house prices and make it for Kiwis to buy a . It said: "We are stopping foreign buying houses and driving up prices." Overseas investors will still be able to buy land to build on. The government stated: "Our has always been that if you're adding to …then you will be able to build." It hopes the ban will "take some of the " out of the house .

Try the Home Buyers - Level 5 gap fill.

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