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In this Aug. 13, 2018, photo a house is pictured for sale in Christchurch, New Zealand. New Zealand has banned most foreigners from buying homes as it tries to tackle runaway housing prices. The government on Wednesday, Aug. 15 passed legislation that allows only New Zealand residents to buy homes as it attempts to improve housing affordability and increase the rate of home ownership. (AP Photo/Mark Baker)

In this Aug. 13, 2018, photo a house is pictured for sale in Christchurch, New Zealand. New Zealand has banned most foreigners from buying homes as it tries to tackle runaway housing prices. The government on Wednesday, Aug. 15 passed legislation that allows only New Zealand residents to buy homes as it attempts to improve housing affordability and increase the rate of home ownership. (AP Photo/Mark Baker)

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