Critics cast doubt on effectiveness of policy, citing low volume of purchases by overseas buyers, as Labor seeks to improve housing affordability
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Labor has announced a two-year ban on foreign investors purchasing existing homes in Australia, mirroring a similar policy proposed by the Coalition last year, as part of broader efforts to improve housing affordability. The post Foreign buyers to be banned from purchasing existing homes appeared first on Elite Agent.
Critics cast doubt on effectiveness of policy, citing low volume of purchases by overseas buyers, as Labor seeks to improve housing affordability
From April 1, foreign investors will be banned from buying established property. The policy includes an exemption for developments of at least 20...
From April 1, foreign investors will be banned from buying established property. The policy includes an exemption for developments of at least 20...
The Australian government has announced a two-year ban on foreign investors purchasing existing homes from April 2025 to address housing...
Australia has announced a two-year ban on foreign investors from purchasing existing homes as part of measures to address the country’s housing...
Property investors from overseas are about to be temporarily banned from buying established homes and given less time to build dwellings on vacant...
Independent journalist Tarric Brooker’s claim that foreign buyers purchase as many existing homes in a year as property investors do in a month has...
Labor is matching a key opposition housing policy as the parties gear up for a fiercely fought federal election.
Established homes will be off-limits and foreign owners will be forced to develop vacant land under new measures announced to improve housing supply.
"This story was originally published by Grist. Sign up for Grist's weekly newsletter here."In 2023, Seattle voters authorized the city to create a new...