Canada's foreign home-buying ban sparks Aussie interest, but can it fix our housing affordability? PRD Real Estate chief economist Dr Diaswati Mardiasmo said a ban for foreign buyers can potentially increase the supply of residential property.
Foreign buyer freeze: Should Australia take a maple leaf out of Canada’s book?
3 years ago by josephb to c/ausfinance
load all comments
DolphinLundgrin 3 points 3 years ago
Por que no los dos?
go to feed...
go to feed...
No, I don't think such a step is needed, nor do I think it will have the desired result.
Short of a cap on the number of properties a person/entity can own, I think a reduction/removal of incentives for owning investment properties will go a lot further to helping lower property prices than just going after the low hanging fruit of "it's the foreigner's fault".
save