XJO - Bear Posts only (Factors which might cause the markets to fall), page-15916

Here is a news article from 2020

https://www.news.com.au/finance/real-estate/buying/australia-will-pay-foreigners-up-to-50000-to-buy-a-new-home-as-perth-market-set-to-boom/news-story/21eebff2400bce7bad548c656aa491a4

"Chinese buyers are being lured back to the Australian property market by generous government rebates of up to $50,000 on a new home, with calls to extend the incentive schemes past their expiry dates next year.Lily Chong, the Perth-based Australian head of Chinese property portal Juwai IQI, said overseas buyers had started looking past the COVID-19 pandemic and were planning for when travel restrictions eased.“Australia will pay foreigners up to $50,000 to buy a new home,” Ms Chong said.“Australia will pay Chinese up to $50,000 to buy a new home, Australia will pay Hong Kong-ers, Australia will pay Malaysians – it doesn’t matter where you come from. It’s all in the interests of supporting the economy.”