Labour looks to adopt another Green policy
Labour’s lurch to the hard left continues:
Labour says it would consider restricting foreign ownership of residential properties to help ease pressure on the housing market.
Labour’s finance spokesman David Parker has previously said the party would restrict foreign ownership of rural land, but as recently as May he said restricting foreign ownership of residential property was not Labour policy.
However, Mr Parker appeared to soften his position on TV3’s The Nation this morning, saying Labour “would consider” foreign ownership of residential land.
At the rate Labour is going, I expect a merger by Christmas and the new co-leaders of the combined party to be Holly Walker and Jacinda Ardern.