▲ 848 ▼ Australia to triple fees on foreigners buying existing homes, penalise them if they leave properties empty (www.scmp.com) submitted 2 years ago by filoria@lemmy.ml to c/world@lemmy.world 64 comments fedilink hide all child comments
[–] p0windah@lemmy.world 5 points 2 years ago Yeah. The article doesn't go into details whether vacancy is self reported and what enforcement looks like. The cynic in me says this is a great political policy, but something foreign investors will sidestep with minimal effort. Is it based on water consumption? Leave a tap dripping. Is it based on electricity consumption? Leave a light on. Is it based on garbage being collected? A friend takes your bins out once every couple of months. I want these policies to work to better support Australians with more housing options, but I'm not convinced this is enough. permalink fedilink source parent