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Foreign raiders buy up Australian homes

May 7, 2024 - 08:30 -- Admin

According to new data released by the Federal Treasury, foreign investors purchased over 4700 properties in the first three quarters of 2023 valued at 5.3 billion: Chinese investors led the way, purchasing 1955 homes worth an estimate $2.5 billion in value. Simon Cohen, the founder of Australia’s largest residential property buyer’s agency Cohen Handler, noted

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