Dutton announces plan to ban Australians from housing market to protect foreign buyers

Opposition Leader Peter Dutton has revealed a new pre-election housing policy, by announcing a permanent ban on Australians from purchasing property to protect foreign buyers.

The policy has received universal support in both houses of parliament and features exemptions for all MP’s, property developers, migration agents and celebrities.

“This will ensure the housing market remains strong and the dream of home ownership for young people from China and India laundering their parents’ cash is within reach,” Dutton said in front of a Sikh temple in Harris Park with Indian PM Modi.

“I’d like to thank Harry Triguboff, Maury Schwartz and Nigel Satterly for their tireless work on putting this legislation together and ensuring GDP line continues to go up.”

All listings on realestate.com.au and Domain are now only available in Hindi, Mandarin and Tagalog as part of the new policy.

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A fly in your ointment

A group which by far more wants foreign buyers to prop up their ponzi fueled wealth is the existing owners and mortgagees.
Imagine every Aussie suddenly losing 80% of their ponzi wealth and owing sheetload of money for worthless dog kennels.
They form symbiosis with major RE players.

OzCuck

Global citizen bogans. Butter chicken pizza!

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