Welcome to this weeks’ Property Law News story.
“Prospective homeowners are so desperate to get a foothold in the housing game they’re putting off having children as they front up to dozens of open houses and auctions each weekend trying to find their forever homes.
Yet in the very same suburbs, foreign investors — predominantly Chinese buyers — are snapping up properties they’re happy to let languish unoccupied with no intention of ever living in them.”
Is foreign investment the cause of struggling Aussie first home buyers? – the two might not be as directly linked as we think.