Australia to ban foreign investors from buying existing homes for two years

Quick Summary:

Long-Term Goal: The overarching goal of this policy is to make housing more accessible for Australians by controlling external demand and allowing the domestic housing market to stabilize.

For new developments, foreign investors are restricted to owning no more than 50% of the property, ensuring local buyers and investors maintain a significant stake in the development.

By limiting foreign investment, the policy could potentially cool down housing prices in some areas.

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Article Details

Category: BusinessFinance

Markets: IndiaAustralia

Topics: Australia housing policy Housing crisis Foreign investment Home buyers Real estate regulations Housing affordability Existing homes 2025 housing policy Australian housing market Housing policy change Labor government Foreign ownership ban Real estate market Foreign buyers ban Australia property

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-17 @ 10:31:52 (4 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 720 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26211835

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Main Topics: BusinessFinance

Official Website: business-standard.com

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Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

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