SHOULD AUSTRALIA BE OWNED BY AUSTRALIANS OR SOLD OFF?
It is one of my party’s policies – ” to limit sales and ownership of any city/urban residential and rural land in Australia to not more than 0.425 hectares to any foreign ( off shore) individual, corporation or other off-shore entity whatesoever”.I have over recent months been refining this policy in view of the non-affordability problem of Australians ever owning a house. It seems to me that the time has come to limit foreign ownership to only those who are residents of Australia for not less ninety percent of each year( that is they live in the house ninety percent of every year). This will stop foreign ownership and “Rental Monies ” supporting overseas investors. What do you think I would like to know if it should be part of my party’s “Australia New Era Policy”, Email me with “My Say” subject line to email@example.com thanks, Cheers Ray.