Australia to put two-year ban on foreigners buying existing homes amid housing crunch
Australia’s Prime Minister Anthony Albanese. File | Photo Credit: Reuters Australia will ban foreign investors from buying existing homes in the country for two years, its government said on Sunday (February 16, 2025), in an effort to boost under-pressure housing supply. “We’re banning foreign purchases of established dwellings from April 1, 2025, until March 31…
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