Australia to ban foreign investors from buying existing homes for two years
The Australian government has announced a two-year ban on foreign investors purchasing existing homes from April 2025 to address housing affordability. While foreign investors can still invest in newly built homes, the policy aims to increase housing supply. The policy has faced mixed reactions and questions about its impact on overall housing affordability.
The Australian government has announced a two-year ban on foreign investors purchasing existing homes from April 2025 to address housing affordability. While foreign investors can still invest in newly built homes, the policy aims to increase housing supply. The policy has faced mixed reactions and questions about its impact on overall housing affordability. What's Your Reaction?
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