How Australia has become a Haven for ‘Hot Money’ …

COMMUNITY ACTION ALLIANCE FOR NSW (CAAN): HOUSING INEQUALITY WITH AUSSIES LOCKED OUT!

How Australia has become a Haven for ‘Hot Money’ …

APART from all those Aussie Homes that don’t get to be listed on Domain or RealEstate.com

where the neighbours have not seen a ‘For Sale/Auction’ Sign … but then the removalist turns up!

And home buyers and First Home Buyers wonder why there are so few homes advertised for sale?

Because it’s now been revealed … as we long suspected … that they have been sold online or through a Proxy here to High Net Worth, Ultra High Net Worth and Middle Class foreign buyers … seeking Permanent Residency in Australia for their extended family!

SO it now appears why some in the property sector have been so smug and repeatedly blaming the low interest rates and government grants alone for pushing up house prices.

EG Advisory managing director Shane Geha reckons that buyers should not hold out for…

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