Typical of this Labor govt, this policy is about appearing to do something, than actually doing it effectively.
Why not have levies for all houses sitting vacant, not just foreign owned? Why not make annual fees higher and higher if you own more than say 3 properties? How about fees for land banking in cities ?
Also better make sure that a house used for air BNB 2 weeks a year doesn't count as being used.
GIVE. US. A. DOBBERS. LINE.
Just about everyone in the fucking street will know if a place is vacant
Why just foreign investors?
Because half the parliament & senate has investment properties and they don't want any responsibilities to actually rent them out to the plebs?
Imagine a temporary amnesty on squatting for all properties vacant for over a certain time limit. That would get them moving.
There is the risk of property damage and antisocial behaviour if people aren’t supported but it’s shameful that it’s got to this point.
