We discuss a shocking news.com.au article which shows a masterful element of property spruiking to say nothing of poor public policy and wasteful “investment”.
Go to the Walk The World Universe at https://walktheworld.com.au/
Australia Will Pay Foreigners To Buy A New Home In Perth
Comment before watching your video (MacroB had it deleted):
If foreigners are being paid in a form of taxes/fees owed but deferred if say property is virgin, greenfield (brownfield should not be included unless it is a say 5+ story high-rise), property is rented (no OO’s) for no less than 11 months per calendar year every year over no less than 10 years period and benefits are forfeited in full if any of the terms are breached (property being encumbered by the taxes and fees owed).
But alas, this would be stupid as inexpensive rentals is not the objective of the proposal…