Friday 28th March 2014. as a government review of foreign investment in property gets underway, a leading real estate body has challenged the idea that non-australian buyers are pushing up home prices. the australian parliament’s standing committee for economics recently launched an investigation into whether foreign buyers are inflating prices and locking locals out of the market. carcasa samsung c7 however, the Real estate institute of new south wales (reinsw) said this focus was “misguided”, arguing poor planning and tax policies were inflating prices. carcasa acuatica iphone 6s “the fact the government and the media are pointing the finger at foreign investors as the primary reason for increases in property prices and the affordable housing shortage is flawed,” said reinsw president malcolm gunning. iphone 7 plus carcasa adidas “the reason we have a shortage of property in nsw is a convoluted planning system and a tax system that places an unfair burden on property.” in his view, “clunky” planning laws were blocking an increase in dwelling construction. carcasa iphone 6s deadpool meanwhile, heavy taxes on property sales and the elimination of first home buyer incentives were holding back australians in the property market. carcasa iphone x verano he said foreign investors were a boon to jobs and economic growth. carcasas apple iphone 7 “now is not the time to discourage foreign investment. carcasas iphone 8 plus real madrid the inquiry will find that foreign investors help our economy,” he said.


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