World News@lemmy.worldEnglish · 7 months ago

Australia to triple fees on foreigners buying existing homes, penalise them if they leave properties empty

www.scmp.com

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Australia to triple fees on foreigners buying existing homes, penalise them if they leave properties empty

www.scmp.com

filoria@lemmy.ml to

World News@lemmy.worldEnglish · 7 months ago

Australia triples fees on foreign buyers of existing homes to stem rental crisis

www.scmp.com

Treasurer Jim Chalmers said ‘there are too many properties empty around Australia’ as tight supply leaves many renters struggling to find somewhere to live.

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7 months ago
I’d suspect Chinese companies would be a bigger problem than the American ones but what do I know.

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