OriginalName

@OriginalName@lemmy.zip

• ⁨Comment⁩ on ⁨Labor to ban foreign investors from buying existing homes for at least two years, replicating Coalition policy⁩ ⁨⁨5⁩ ⁨days⁩ ago⁩:

  Absolutely. It’s not going to do much on its own but hopefully the first of multiple policies to push thinigs in the right direction.

• ⁨Comment⁩ on ⁨Labor to ban foreign investors from buying existing homes for at least two years, replicating Coalition policy⁩ ⁨⁨5⁩ ⁨days⁩ ago⁩:

  The longer it takes to take serious action the more its gonna screw people when prices drop

  Certainly true and always a difficult topic when it comes to bringing down house prices. It’s what those of us who don’t already own a home need but it’s political suicide to actually attempt to achieve. Home owners are still the majority of voters and also more influencial (and more likely to be donors).

  I suppose the other strategy that they may be going for here is keeping price increases below inflation this is still probably not enough to do even that. Can only hope there is more to come.

• Labor to ban foreign investors from buying existing homes for at least two years, replicating Coalition policywww.theguardian.com ↗
  Submitted ⁨⁨6⁩ ⁨days⁩ ago⁩ to ⁨australianpolitics@aussie.zone⁩ | ⁨9⁩ ⁨comments⁩