How to solve the housing/property situation in Australia? And save the country from being brought up from underneath us by foreign investors? Only Australian Citizens can own property in Australia by law; then limit the amount they are allowed to own to 2 properties (one work, one home), unless they can substantiate a valid reason for owning more. Force all foreign owners to sell their properties. They will all rush to be the first to sell off; to avoid losing money on their investment when property becomes abundant and affordable. Disgusting fat-cats earning money from working the financial scam system in property investment; get cents back on the dollar; and might have to start working again for a living. The foreign investors if they are lucky will break even. Though the market value of property in Australia will plummet significantly. Australians will be able to afford to buy their own homes again. And the massive drop in market value; will be significantly less than Australia will continue to lose by selling off all its land overseas. Market fluctuation will settle; Australia would have secured the future of its lands for Australians; and people will once again be able to live the realistic dream of owning their own home.
Posted on: Sun, 21 Sep 2014 04:15:31 +0000
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