IT is not only the SMH DOMAIN that is attempting to Pull the
Wool over our Eyes about foreign buyers of Australian Real Estate but more is being spun by …
Pandemic stifled foreign home purchasing – report
Foreign spending on Australian property plummeted with the arrival of COVID-19, new figures show
AND in ‘The Australian’ where this appears to have emerged …
Pandemic cut foreign home purchasing $1.5bn
The emergence of Covid-19 quickly dampened the appetite of foreign buyers for Australian residential property, as spending fell $1.5bn in the 2019-20 financial year to $6bn.
AND CAAN has taken a look at the like Report in the SMH …
WHY would the property sector be trying to Pull the Wool over our Eyes?
MEANWHILE all over Sydney and beyond there is much excavation and construction now underway …
WHO are these ‘new homes’ being built for? Cough … cough … as the media talks about the return of International Students … Visa Workers … and Migrants ….
AS our Families remain locked out … they still have not got a Pay Rise … there is talk of a 3% pay increase … three fifths of nothing … as the cost of housing continues to escalate … to be met by competing money launderers …