New Zealand lenders' apparent lack of confidence is leaving the door open for overseas investors to capitalise on improving prospects for dairying, warns Real Estate Institute of New Zealand president Peter McDonald.
McDonald said while the outlook for dairying was positive, farm sales and prices remained relatively low for the three months to March, indicating local lenders were being too cautious.
Should we be concerned about NZ farms in overseas ownership? Here is the latest selection of Your Views:
Should we be concerned about NZ farms in overseas ownership?
Photo / Brett Phibbs
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