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.... meanwhile, in Auckland .....
The same Chinese investment has exploded house prices much in the way it has in Vancouver.
Small suburban houses now going for a 4million or up. Wealthy districtricts off the map, price-wise.
As far as I know, governments at whatever level haven't done much to slow it.
Feeble as it may have seemed, that 15 % tax in Vancouver, seemed to have partially done the trick.
Sales dropped dramatically, it seems, and that burst of indignant rage from the Chinese Envoy was delicious!!!
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