SYDNEY IS GROWING … HOW HAS THIS BEEN CONTRIVED … FACTS SHEET FOR FIRST HOME BUYERS TO FIGHT BACK!
YOU can see it happening before your eyes BUT you need the Facts to disarm the Xeno slur, the racist accusations … because this awful predicament has been created by our own Government Policies!
-why First Home Buyers are priced out of the property market?
-why schools, hospitals, buses, trains are full up?
-why all over Sydney we sit in gridlock & not just in peak hour?
-why cranes are on the horizon in every direction yet the pollies say we need more supply?
WE all need to speak up! Take Action Before We Lose What Is Ours!
COMMUNITY ACTION ALLIANCE FOR NSW (CAAN) FACT SHEET
YOU may want to scroll down to view the headings here to look at what concerns you most! Then click the links to find out more.
IF you feel intimidated this document may help you to express your concerns publicly.
CHINESE BUY 1 IN 4 NEW PROPERTIES IN NSW: Credit Suisse
View for Chart revealing 87% of foreign purchases by Chinese
However, the actual percentage is indeterminate with Proxy purchase!
ALSO VIEW this article in “Foreign Property Buyers including Chinese”
THE GREAT AUSTRALIAN HOUSING BUBBLE & GOVERNMENT INACTION
Most of the price growth has occurred under LNP Governments not the ALP
BUYERS AGENTS, SYNDICATES & PROPERTY INVESTOR ALLIANCE TOGETHER EXPEDITE THE DEMAND FOR AUSSIE HOMES
The key points on how First Home Buyers (FHBs) have been locked out because there are no laws to prevent foreign buyers purchasing land in Australia.
AUSTRAC advised Four Corners foreign investors/buyers use relatives to set up Shell Corporations!
Including Guardian and Investor Stream.
The Guardian Visa is a new Visa system which has opened the door to International Primary School Students as young as 6 years old and their guardian to each buy several new properties or one existing property.
The Investor Stream Visa on the purchase of property valued at $1.5M to gain a Residency Visa.
PROXY … THE ONSHORE FOREIGN PROPERTY BUYERS AGENT
View the report from Investigative Journalist Michael West: “The Wall of Chinese Capital buying up Australian Properties” … this will not ease up until the Government introduces the second tranche of the Anti-Money Laundering Legislation.
Scroll down for more!
BLACK MONEY … MONEY LAUNDERING … IN AUSTRALIAN REAL ESTATE
ALSO VIEW “BLACK MONEY; MONEY LAUNDERING IN AUSTRALIAN REAL ESTATE” WEBSITE CATEGORY to find more!
View here for numerous reports including those from Andrew Heaton “Is Australian Real Estate a Haven for Money Laundering”;
Investigative Journalist Michael West “House Prices Surge on China Black Money; Authorities Dither;
Macro Business “Australian Federal Parliament Complicit in Property Money Laundering” …
Scroll down for more from others including Transparency International!
WHAT THE POLLIES ARE NOT TELLING YOU … ABOUT FOREIGN OWNERSHIP OF NEW DWELLINGS … THE FIRB RULING CHANGE …
Foreign ownership of new built homes was increased from 50% to 100% at the behest of the Lobby Group of Developers in 2008/09.
This was allegedly in order for them to gain finance to build. However this racket has been ongoing since 2009 to date. The Treasurer announced in the May 2017 Budget that it would be reduced back to 50%.
However what was not widely reported was that 50% reduction only applied to developments of 50 units or more … a sleight of hand.
-it does not apply to developments already approved
-it is easily overcome with 50% sell-off the plan and 50% purchase of any development through a Proxy; Buyers Agent; Syndicate; Investor Alliance
-developers can also alter projects to consist of 49 dwellings or less
-ties in with the Medium Density Housing Code of duplex, townhouses, manor homes and terraces (10 per 600M2 lot)
THE IMPACT OF A BIG AUSTRALIA … “THE STING” (reducing lot sizes for higher density)
The Plan and in fact what they have pulled off is the rezoning of where we live in Sydney! With the reduction of Lot Sizes as little as 280 – 300 M2 to enable higher density throughout Sydney, and across NSW!
All part of “A Plan to Grow Sydney” to be further implemented by the Greater Sydney Commission (the GSC) with Lucy Turnbull (the PM’s wife) at the helm.
Could this be the biggest Con of them all?
The talk that is put about by the GSC is that they want to activate Boomers to downsize in order to create more “affordable housing” … but that obviously is B.S. because it is not affordable housing for Aussie First Home Buyers it is about inflating the “new housing market” to cater for the foreign buyers 100%.
Not only are our suburbs, quality of life, urban bushlands, heritage and communities being destroyed by the high-rise slums but now they plan to create higher density by development of as many as 10 terraces on a SUBURBAN 600M2 lot!
BOOMERS … the Best Thing you can Do … is Not Sell! Try and Keep the Family Home for Your Family …
-so that in the future they can own a piece of Australia
-ensure the job market is there for young Australians
-and not lose out to foreign ownership
FOR explanation of this “CON” view: “New Housing Plan to Put Medium Density Developments on Residential Lot Almost Anywhere in NSW”