''Most Aussies would not know even today that foreigners owned so many homes in OZ,,,,,this has been hidden .''
I guess if your precious ''Most Aussies'' either don't read things because it's TLTR - or can't comprehend or insist on reading FB and twitter - then, yes -
knowledge was 'hidden' from them - due to their wilful ignorance
for people who are prepared to read and can comprehend - foreign ownership of residential property in Australia by absent owners has been crystal clear for YEARS
I say again that the current opening up of what is reality - may well be BECAUSE OF A LABOR GOVERNMENT showing Ozzies what is happening in their country --------- the enlightenment of the ignorant and blind
below is merely of Chinese ownership - which is a mere part of money laundering
''Chinese absent owners of Australian real estate have been a topic of discussion in the press for several years, but the issue has gained more prominence recently. Based on the search results provided, we can infer the following:
1. Recent downturn: The most recent data from 2024 shows a significant decline in Chinese investment in Australian property[1]. This suggests that the issue of Chinese absent owners has become more noticeable due to the contrast with previous higher levels of investment. 2. Ongoing concern: The fact that there are recent articles (from 2024) discussing Chinese investment in Australian property indicates that this has been an ongoing topic of interest for some time[1][5]. 3. Policy responses: The Australian government's recent introduction of legislation to increase foreign investor fees, particularly for established dwellings left vacant, suggests that the issue of absent foreign owners has been a concern for long enough to prompt policy action[1].
4. Changing patterns: The search results indicate that while Chinese investment has declined, investment from other countries like India is increasing[5]. This shift in foreign investment patterns implies that Chinese absent ownership has been a notable issue for some time, allowing for comparisons with new trends.
5. Historical context: While the search results don't provide a specific timeline, they suggest that Chinese investment in Australian property has been significant enough in the past to establish China as the largest source of foreign real estate investment, even with recent declines[1][5].
Given these points, it's reasonable to conclude that Chinese absent owners of Australian real estate have been highlighted in the press for at least several years, with the topic gaining increased attention in recent times due to changing investment patterns and policy responses. However, without more historical context from the search results, it's not possible to pinpoint an exact timeframe for when this issue first became prominent in the media.
Citations: [1] https://www.apimagazine.com.au/news/article/chinese-and-other-nations-shunning-australian-property [2] https://www.news.com.au/finance/rea...s/news-story/89116088bd4ab28122d1f07f810b4bac [3] https://www.macrobusiness.com.au/2023/11/australian-homes-are-no-longer-for-australians/ [4] https://www.copyright link/world/asia/can-china-solve-its-property-crisis-20230802-p5dtbb [5] https://www.realestate.com.au/news/...buyers-surge-foreign-investment-review-board/
