Realtor: “Paranoia” Driving Wealthy to Buy Homes in New Zealand
Rich American clients concerned about personal safety, global crises
Paul Joseph Watson
Prison Planet.com
January 30, 2015
“Paranoia” is one of the primary factors motivating the wealthy to purchase secret getaways in New Zealand, according to one realtor, with concerns about personal safety and global crises driving the search to acquire a safe haven in a remote location.
During the Davos Economic Forum, economist Robert Johnson made headlines when he revealed that “hedge fund managers all over the world….are buying airstrips and farms in places like New Zealand because they think they need a getaway.”
Johnson highlighted growing income inequality as a driving factor behind the threat of civil unrest and economic turmoil.
The economist’s revelation was confirmed by realtors who handle luxury property in New Zealand who say that the world’s third safest country is a draw for the super rich due to its political stability and low crime rate.
“Yes, there is definitely a degree of paranoia when trouble erupts and they start looking for somewhere that is safe and stable,” Matt Finnegan, of Sotheby’s Realty in New Zealand told the Daily Mail. “It might be that the people who don’t particularly want to migrate here still want to have somewhere to run to in times of trouble,” he added.
Finnegan notes that rich clients from the US are voicing concerns about “personal safety” as a reason for buying property in New Zealand, while wealthy Brits have also, “expressed concerns about what is happening around them.”
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