A step in the right direction in my view in terms of limiting foreign investment purchases though as is mentioned in the article its a small fish with easy workarounds already popular. Also unfortunate that it is only 2 years at this stage.

you are viewing a single comment's thread
view the rest of the comments

[–] Taleya@aussie.zone 5 points 6 months ago

Yeah didn't the first iteration of this law just make sure existing homes were bought by developers who promptly tore them down and built a bunch of ones boundary to boundary that could be sold?

You wanna set a cat amongst pigeons, ban it in established areas within x distance of city centres