THE CHINESE YEAR OF THE HOUSE! – THE BILLION $ BUY UP….
Asia’s love affair with Australia has just gotten a whole lot hotter with the Aussie government now allowing non-Australian citizens accessibility to the $5000 First Home Owners Scheme of newly built homes…Able to still own property in their own country of origin, our foreign friends are still entitled to buy property here in Oz & receive the grant. 1 in 9 new properties in Australia are being snapped up by our Asian neighbours who are purchasing property for their children to live in or simply as an investment. While many 1st home owners are struggling with these new laws, many believe it’s fabulous news for the property market as it’s assisting to push property prices up. Gong xi fa cai.
