Two-year break: Australia no longer wants buyers from abroad for real estate

After New Zealand, Australia is also making it more difficult for foreigners to buy a house. The reason being the unaffordable real estate market, which is jeopardizing the Australian dream of owning a home. But this is a controversial issue ahead of the election. Barbara Barkhausen has put together exactly what is changing for us.

Foreign investors will no longer be able to buy property in Australia, starting from 1 April Source: Moment RF / Andrew Merry/Getty Images

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