Treasurer Jim Chalmers said ‘there are too many properties empty around Australia’ as tight supply leaves many renters struggling to find somewhere to live.
I can’t read that whole article but yeah doesn’t make sense… a foreigner could just set up a trust which then purchases the property and leaves it vacant and you’re back to square one.
I can’t read that whole article but yeah doesn’t make sense… a foreigner could just set up a trust which then purchases the property and leaves it vacant and you’re back to square one.
You could become rich with that idea if it wasn’t exactly what they started doing!