Australia has announced a two-year ban on foreign investors from purchasing existing homes as part of measures to address the country’s housing crisis. The ban will come into effect from April 1, 2025, and remain in place until March 31, 2027. The primary goal of the ban is to “free up thousands of homes for […] The post Australia bans foreigners from buying homes amid housing crisis appeared first on Khaama Press.
Australia has introduced a two-year ban on foreign investors purchasing existing homes to address the housing crisis. The measure aims to increase housing availability for citizens, with supporters hoping it will reduce inequality, while others express concerns about economic impacts.
