December 9, 2017 The AIM Network Image from http://sydneyaffairs.com Category: AIM Extra permalink The AIM Network By Community Action Alliance for NSW At Community Action Alliance for NSW (CAAN) we long ago joined the dots on how the Housing Affordability Crisis was contrived, and why where we live is being destroyed for high-rise precincts along with … Continue reading What will Foreigners buy next? Answer Australia!
At CAAN we believe there is more to this story … This report of 200,000 empty homes owned by foreigners was revealed back in 2017 … https://www.news.com.au/finance/real-estate/sydney-nsw/record-number-of-sydney-homes-are-now-sitting-empty-sqm/news-story/5df540255c52f49b70c8df5b43c6a926 WHY are there so many real estate tours … particularly from China if there is not another agenda? As a whole Cohort of Australians are locked out of … Continue reading SYDNEY has 200K Empty HOMES and FOREIGN BUYERS BLAMED!
WHY would they do this? WHY are our governments so anti-Australian? WHY do our governments favour foreign buyers over Australians? With so many people renting, and so many people homeless and a so- called supply problem (i.e. a shortage of houses) why are our governments so keen to: -restrict supply even further by allowing more … Continue reading Apartment stamp duty cut for overseas property buyers 10 months after new tax announced
Photo: The Guardian WHEN there are millions of High Net Worth across Asia and particularly from China … that Australia’s small percentage increase to fees and charges mean little to these very wealthy buyers WHY NOT visit or email your local LABOR, Greens, Sustainable Australia, Centre Alliance and all Opposition Party MPs, Senators or Candidates … Continue reading BUDGET 2017: Were FOREIGN PROPERTY BUYERS really hit hard in the Scomo Budget?
FINALLY a sale going the other way, unfortunately it is a rare event. WHY are we selling out our productive resources and assets? WHY can foreigners and foreign entities buy just about whatever they like in Australia? CAN Australian companies and individuals buy up foreign real estate and assets at will? WHY are … Continue reading QUEENSLAND BULL BREEDERS TO BUY NTs EPENARRA STATION FROM FILIPINO OWNER FOR $14 MILLION!
NSW INC says it is on track to meet the housing shortfall but omits to mention the demand was created by Visa manipulation and online sales to foreign buyers particularly in China and across Asia The consequence Western Sydney has been clobbered by over-development The GSC has set a target for eight councils in … Continue reading SYDNEY DEVELOPMENT IS A NSW ELECTION ISSUE BECAUSE WESTERN SYDNEY IS BEING BULLDOZED FOR OVERSEAS BUYERS: WITH AUSSIES TENANTS
A PROPERTY INVESTMENT MAG SURVEY found Most Australians are extremely sympathetic to the dilemma of First Home Buyers! WHAT this Survey reveals to CAAN is that many Sellers are still unaware how this Housing Affordability Crisis was contrived … for a Whole Cohort of Australians to have been locked out … yet meanwhile … Continue reading A PROPERTY INVESTMENT MAG SURVEY found Most Australians are extremely sympathetic to the dilemma of First Home Buyers!
Could the struggling retail sector be the banks’ next big problem? The RBA thinks so – ABC News Here is the proof things are not good and the assault on Australia’s business assets, and domestic housing market are seen as much the same thing. It’s no holds barred as the free for all continues to … Continue reading Could the struggling retail sector be the banks’ next big problem? The RBA thinks so
BLIND FREDDIE can see what is going on … but Urban Professionals cannot see the wood for the trees … i.e. 82% foreign buyers pay cash (Credit Suisse report), and do not use the Aussie Banking system … perhaps that would explain why “foreign investors make up a relatively small amount of money in the … Continue reading AUSTRALIA SHOULD FOLLOW NZ AND BAN FOREIGN BUYERS OF AUSTRALIAN HOMES
Ms Ardern’s Labour Party is adamant that a law change banning foreigners from buying most types of homes in the country will help damp down property prices. It also plans to build 100,000 affordable properties in a decade, resolve New Zealand’s zoning and infrastructure woes, and bolster its ailing construction industry. WHY can’t the Turnbull and … Continue reading New Zealand to ban foreigners from buying homes