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flag New Zealand passes bill to boost foreign investment in rental housing, aiming to add up to 25,000 BTR homes.

flag New Zealand has passed a bill to encourage foreign investment in build-to-rent (BTR) housing, aiming to increase the supply of secure and affordable rentals. flag The legislation streamlines the investment process for overseas investors and could lead to the development of up to 25,000 BTR homes over the next decade, potentially lowering rents. flag The bill received cross-party support and is seen as a way to address the country's housing shortage.

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