Property News · June 19, 2016

‘The Chinese buyers are already disappearing’: Australia taxes foreigners as home affordability bites

Sydney is imposing new taxes on foreigners buying homes as concerns grow that a flood of mostly Chinese investors is crowding out locals and killing the “Great Australian Dream” of owning property.

Source : South China Morning Post
Read more…‘The Chinese buyers are already disappearing’: Australia taxes foreigners as home affordability bites