Did anyone actually read the article? They’re not giving “free money” to foreigners they are waving stamp duty on off the plan apartments - the worst investment in property in Perth. If foreigners want to buy those good luck. Capital growth is low and they keep people employed. The rest of the article relates how bullish the Perth market might be after years of downturn.
Not exactly your watershed “ponzi scheme” article that property bears seem to love.
Cheers,
Disco.
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