Showing posts with label land bank. Show all posts
Showing posts with label land bank. Show all posts

02 June, 2016

Land bank

In NZ there are three types of Chinese: overseas Chinese like me, Beijing Chinese and Chinese from Taiwan. I meet quite a few of these playing golf with me in NZ. These are well to do Taiwanese who accompany children to NZ to study, retired school teachers or rich men looking for a place to retire in comfort.

A few are filthy rich. They buy land and use it as [land bank] in NZ. There is this chap who bought up farm land near Hamilton to plant tea, or so it appears. It is certainly more complicated than that. The jobs they advertised asked for 10 years experience in picking green tea! Not many Maori qualify for this job!

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