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Old 10-12-2023, 04:19 PM   #2886
T3rminator
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Join Date: Jul 2005
Location: Melbourne
Posts: 6,849
Default Re: Australia housing bubble

Someone with some gonads has pulled the trigger.

https://www.abc.net.au/news/2023-12-...ease/103210808

Quote:
Under the new measures, which will only apply to existing dwellings purchased after May 2017, a foreign investor would pay $84,600 in application fees when buying an existing property worth $1.1 million and would face an annual vacancy fee of $169,200.
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