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Aussie-style restrictions may not be the answer: Alexander

Monday 14th of April 2014
He said: “I have for the past year advocated that we mitigate the effect of unrestricted foreign buying of our houses and apartments on prices and societal cohesion by adopting Australia’s legislation.”
Australia only allows non-resident buyers to purchase new properties.
Alexander said the issue would become more pressing as incomes grew in China, and investor...
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