James Cameron Bought Farmland In New Zealand James Cameron, the director behind blockbuster hits Titanic and Avatar has bought around 1000 hectares of farmland (reportedly valued at $20 million) in south Wairarapa, New Zealand. One of the farms Cameron bought includes Lake Pounui, which the Bayleys real estate website describes as "possibly the finest privately owned natural lake in the country". The records show that Cameron and his family, who currently live in Malibu, California, plan to "reside indefinitely" in New Zealand, and operate both properties as working farms. According to Green Party co-leader Russell Norman, foreigners buying up New Zealand land will see land prices skyrocket, driving it out of the hands of kiwis. " There's a bigger issue if you look at globally productive land, particularly land that can produce food and has access to water, which New Zealand obviously is well placed, that land is becoming increasingly valuable, as th...