https://www.express.co.uk/news/world/1002110/apocalypse-end-of-the-world-new-zealand-housing-crisis

New Zealand bans foreigners buying homes as rich snap up sites to prepare for APOCALYPSE

FOREIGNERS are banned from buying homes in New Zealand after rich doomsday peppers crowded out local buyers and pushed up the property prices.

By Alahna Kindred

PUBLISHED: 12:29, Sat, Aug 11, 2018 | UPDATED: 15:20, Sat, Aug 11, 2018

After tech billionaire PayPal founder and Facebook investor Peter Thiel and disgraced former NBC host Matt Lauer bought property, the New Zealand government is going to put an end to the trend.

The interest in buying property in New Zealand to ride out the apocalypse had such an allure to the mega-rich that it almost became a cliche.

LinkedIn co-founder Reid Hoffman told The New Yorker last year: "Saying you're buying a house in New Zealand is kind of a wink, wink, say no more."

The centre-left government led by Prime Minister Jacinda Arden blames the apocalypse preppers for the major housing crisis in the country, as reported in The Daily Telegraph.