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New Zealand bans foreigners from buying homes

April 4, 2019 | News | No Comments

New Zealand has banned most foreigners from buying homes as it tries to tackle runaway housing prices. Previously the housing market was open to investors worldwide, but the government on Wednesday passed legislation that allows only New Zealand residents to buy homes. In recent years, there have been many anecdotal stories of wealthy foreigners from Silicon Valley and beyond buying […]

Another day, another Grand Theft Auto 5 sales milestone. But this one’s a biggie: GTA5 is now the best-selling game of all time in the US. Rockstar’s open world has sold more copies and earned more money from sales than any other game, ever, across the pond. Parent company Take-Two reported another strong set of […]

An FBI agent who sent anti-Trump messages while working on the Russia investigation has been fired by the intelligence agency. The politically charged text messages between Peter Strzok and Lisa Page, an FBI lawyer, caused uproar among Republicans who claimed it was proof the investigation into Russian collusion was politically motivated. Mr Strozk was removed […]

Thieves snatched priceless treasures belonging to the Swedish crown jewels on Tuesday night in a daring raid on a cathedral, before fleeing and escaping by motorboat. Their haul included two royal crowns of King Karl IX and Queen Kristina, as well as an orb. Police said there had not yet been any arrests following the theft […]

More troubling news from the developers of soon to be no more Marvel Heroes: staff at studio Gazillion report they were all let go yesterday – the day before Thanksgiving. Not only that, the developers report Marvel Heroes, a Marvel-themed free-to-play Diablo-style game for PC and consoles, will shut down tomorrow, Friday 24th November. The […]

Georgia has accused Moscow of building up its forces and holding “unprecedented” war games in disputed territories as Russia warned of a "terrible conflict" if Nato allows the former Soviet republic to join.  The sabre-rattling came on the 10th anniversary of the Russian invasion, which deprived Georgia of one-fifth of its territory. The foreign affairs […]

A South Korean woman who was meant to be sleeping in a coffin as part of a spiritual ritual intended to bring her good fortune was found dead after suffocating in the sealed casket. The woman, who has not been identified but was reportedly in her 40s, was taking part in a theraputic ceremony of what police […]

Donald Trump on Tuesday urged tough action against the "animals" behind the suspected terror attack in Westminster. The US president said on Tuesday morning in a tweet: "Another terrorist attack in London…These animals are crazy and must be dealt with through toughness and strength!" A driver was arrested on suspicion of terrorism offences after a car […]

French fisherman threatened to reignite a simmering “scallop war” after surrounding rival British boats and pelting them with stones in a row exacerbated by Brexit negotiations. British fishermen have called on the Government to intervene, with some asking for Navy protection after UK boats were trapped by an armada of French fisherman furious at them stripping […]