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Concern about 'negative impact' of Chinese media reports on housing


The political row about the impact of offshore Chinese investors on Auckland's overheated housing market was raised with Finance Minister Bill English during his recent trip to China. The latest debate stems from Labour's controversial release of data showing 40 per cent of houses sold in Auckland over a three-month period went to people with Chinese surnames. Prime Minister John Key says he hopes publicity around Labour's list of property buyers with Chinese names isn't damaging New Zealand's image in China while Labour leader Andrew Little is defending the decision. Greens co-leader Metiria Turei says that Labour has mis-used the data. Credit: NZN Video

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