Restrictions would limit the ability of non-citizens to buy homes, aiming to keep housing prices affordable for local residents. Proponents argue that it helps maintain affordable housing for locals and prevents property speculation. Opponents argue that it deters foreign investment and can negatively impact the housing market.
@B4B9G5P5 days5D
Purchase should not be banned, but ownership of properties purchased by foreign investors should not be recorded in public registries, nor recognised by the courts.
@9VWZ23C6mos6MO
no but has had to be living in Australia for more than 5 years but can rent till then.
@9VTCDFB6mos6MO
Yes, max 2 houses per investor per state unless they are using it for commercial purposes
Yes, depending on what the property is for. (e.g.. business or housing)
@9VRGQBL6mos6MO
yes they should only be able to bey if their planning to live in it
@9VPK8PD6mos6MO
We should place a large tax on the purchase of residential properties by foreign investors and interstate investors.
@9VRBZQX6mos6MO
Yes, but allow only max 2 houses per a person/company per state. Exception: if it is actively being used for legal commercial uses.
@9VPSQ9X6mos6MO
Requires limitation to protect the abnormal market fluctuation by financial stance differences
@9TQ5HHD7mos7MO
Yes, but only for FDI (foreign direct investment) to protect housing for locals.
@9TKSK4D7mos7MO
Yes, 👍🏻 foreign investors should not be granted permissions to purchase residential properties
@9SQ6SGW7mos7MO
Yes for investment that restrict supply. No for investment that increases supply.
@9RTRN3J8mos8MO
Yes but Australian should be first then the other nations can buy houses
@9VYX78R6mos6MO
Yes, during the current housing crisis out of country residential purchases should be holted or limited
@9W2XZ446mos6MO
Foreign investors aren't the cause of the housing crisis - restrict the amount of properties one person can purchase, and get rid of landlords
Yes, so long as it doesn't have too much of a damaging effect on the housing economy
Yes, and also ensure a percentage of housing is made available specifically for those who utilize housing for its intended purpose.
@9ZM933G5mos5MO
If you are not an Australian citizen there is no reason you need owning residential property in Australia. There are many things to invest in without peoples home life being the roulette table. Housing needs to be set free from capitalism.
@B2CYF933mos3MO
No, however they should dramatically increase stamp duty and increase capital gains taxes upon sales of residential properties by foreign investors.
@ISIDEWITH7mos7MO
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@B2SGP8Z2mos2MO
Depends on the purpose of the purchase. If it's to live in full-time I see no problem with foreign investors purchasing residential properties. If it's for business purposes or to be used several weeks a year as a holiday-home, residents should take priority
@ISIDEWITH7mos7MO
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