Australia to put two-year ban on foreigners buying existing homes amid housing crunch
Australia will ban foreign investors from buying existing homes in the country for two years, its government said on Sunday, in an effort to boost under-pressure housing supply. "We’re banning foreign purchases of established dwellings from April 1,
Australia bans foreigners from buying homes to tackle surging property prices
Australia will ban foreign investors from buying existing homes for two years to address soaring property prices in the country. The move is part of the government’s election pitch as housing affordability becomes a major issue, especially for young voters.
Australia to ban foreign purchase of built homes
Australia will impose a two-year ban on foreign investors purchasing existing homes, starting April 1, in a bid to ease housing supply pressures and improve access to affordable dwellings for local residents.
Australia to Ban Foreigners From Buying Some Homes
Australia will ban foreign investors from buying established houses for the next two years as part of an election pitch to tackle surging home prices. Bloomberg's Paul Allen and Australia & New Zealand Economist James McIntyre discuss the ban and its implications on "Bloomberg: .
Australia bans foreign investment in established homes for 2 years
Australia will implement a two-year ban on foreign buyers purchasing established homes starting April 1. Housing minister Clare O'Neil announced the move, which aims to make more homes available to local buyers,
Australia to impose two-year ban on foreigners buying property
The Australian government has announced a two-year ban on foreign entities purchasing established residential property in the country.
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