I think the National Party made a very good point when they suggested it might just be time that the labour party admit they were wrong when it came to foreign absent owners of houses

The number is three per cent. It was three per cent when they started crunching the numbers, it’s remained three per cent ever since.

National argued when in office that of the issues facing housing people sitting in foreign ports buying property and remaining absent wasn’t one of the major ones

Labour for political reasons, because as the numbers show they had absolutely no proof, pumped up the numbers, told the tale that is was all these off shore millionaires and billionaires who were fleecing the locals and locking us out of the market

Labour famously said the number was around 30 per cent, so wrong by about 10 times. This was the same Labour party trolling Chinese sounding names for illegal immigrants 

But still, even with the evidence, they intend to plough on and ban buyers, which is now with evidence and fact shown to be bad policy. Bad policy is policy based on belief that is shown to be incorrect.