It’s highly unlikely lending and regulation is going to halt demand and impact. It is time to discuss types of ownership eg. more leasehold; taxation eg. more contribution to national infrastructure, health, environment. Let’s be innovative and imaginative – we have what most people and corporations want – security, wealth, well being. All comparative of … » Learn More about Foreign Buyers of Australian Property
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If you are looking to invest or buy apartments you may want to seriously consider the impact of the changes by the major Banks to lending to overseas buyers. Basically changing their criteria for non-resident lending may have impact on any local markets where these types of buyers have been major players.