World’s Super Rich Buying Pandemic Escape Mansions in New Zealand

Although the government of New Zealand has passed laws meant to disincentivize the foreign buying of domestic properties, the practice continues. The new range of luxury private bunkers are dug deep underground in the countryside and are covered with earth, the point being that even neighbors will have no idea that they are there, let alone the general public. Prices tend to start around $2 million and can reach up to $11 million for units that include luxury bathrooms, gun ranges, and swimming pools.

Journal of People

by Alan Macleod

MintPress News | May 11, 2020

Survival Bunker Feature photoInstead of paying $24,000 for a haircut or spending $120,000 on a banana duct taped to a wall, the world’s super wealthy have found a new commodity to purchase: pandemic bunkers in New Zealand. A number of the planet’s richest people, including billionaire co-founder of Paypal Peter Thiel, have, amidst a growing global pandemic, escaped to the country and bought luxury bunkers designed to withstand even nuclear explosions. LinkedIn CEO Reid Hoffman describes the practice as “apocalypse insurance.”

Isolated in the far “corner” of the Southern Hemisphere, more than 1,000 miles from Australia, the sparsely populated island country has long been a destination of choice for those worried about the potential of a catastrophic event, like a war, nuclear attack, or an uprising. The country’s temperate climate and remarkably stable society make it a particularly safe choice in the…

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3 thoughts on “World’s Super Rich Buying Pandemic Escape Mansions in New Zealand

  1. Pingback: World’s Super Rich Buying Pandemic Escape Mansions in New Zealand #Bunkers #Covid-19 – Lara Trace Hentz

  2. I’m not sure what these billionaires are thinking, Trace. It should be obvious to them that they have no way to grow food in their bunkers. The reality that their fictitious electronic money (and even their gold) will become total worthless when global markets collapse is perhaps a little too abstract for them.

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