Wealthy Chinese investors are increasingly seeking safe havens to invest their money abroad, and it would seem that Auckland, New Zealand is serving as one of those safe havens, reports New Zealand Herald (11 July 2015). Many Aucklanders have shared stories of homes being sold at prices that were significantly higher than their market value, or offers being made on homes that were not even for sale. Juwai data estimates that once the second phase of the QDII2 programme is implemented, Chinese investment in Kiwi property will increase up to US$10.9 billion.