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foreign buyers of Australian housing stock

Seeking Info on house purchase Breaches of the Foreign Investment Review Board rules on foreign investment

Planning Backlash reports that there have been some discussions with the Assistant Treasurer about the continued flouting of the FIRB regulations that contain exploitive overseas investment in the local property market. These breaches are resulting in driving prices for housing up to the exclusion of locals, adding to a rapid demolition of housing stock for new 'MacMasions', adding unoccupied houses to our neighbourhoods and resulting in buying tours from overseas which exclude local buyers. Here is how you can help:

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