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apologies to traction tyres... rear suspension just hasnt got that much rear camber to give. plus needs a roll.

will hunt down some Z33 camber kits and fingers crossed they'll fit :unsure: thats what the 'muricans say they use

The statistics aren't accurate for reasons I raised in my post

It's not foreign ownership when the purchaser is a resident

You'd need statistics on ethnicity of home buyers and multiple home buyers, but can't do that for obvious reasons

How many people do you think are trusting friends or family with hundreds of thousands possibly millions of dollars to get a house to get around laws? Not many Id imagine especially since they can apply to the foreign investment review board for permission

How many people do you think are trusting friends or family with hundreds of thousands possibly millions of dollars to get a house to get around laws? Not many Id imagine especially since they can apply to the foreign investment review board for permission

well the whole point for the $5000 fee for international investors is to fund investigations into purchases which were cutting corners/illegal.

"The higher application fees and penalties are expected to fund an improved enforcement of the current foreign investment rules.

"We need to make sure that all foreign investors are following the rules, and that those foreign investors who break the rules are not able to profit from breaking the law," the Prime Minister, Tony Abbott, said in launching the paper."

http://news.domain.com.au/domain/real-estate-news/foreign-buyers-set-to-be-hit-with-steep-fees-to-buy-australian-property-20150225-13ob2a.html

I hear Ya man but being in the industry and having contacts all over im gonna go with the info im getting from people on the front line it's a non issue - just a popular policy for the 'battlers' / art students who took gap years and fkd around through their 20s and wanna blame someone for the fact they can't afford a house.

How many people do you think are trusting friends or family with hundreds of thousands possibly millions of dollars to get a house to get around laws? Not many Id imagine especially since they can apply to the foreign investment review board for permission

Heaps. That's like saying why are there boat people when they can just wait in line for immigration. The figures don't add up when I hear of so many auctions being dominated by the Chinese - and I'm expected to believe that only a billion or so dollars traded hands from foreign investors = only ~2000 or so homes Australia wide?

They don't trust their own government or banks / local investments so send over here instead. Australian property market is the new Swiss bank account.

Heaps. That's like saying why are there boat people when they can just wait in line for immigration. The figures don't add up when I hear of so many auctions being dominated by the Chinese - and I'm expected to believe that only a billion or so dollars traded hands from foreign investors = only ~2000 or so homes Australia wide?

They don't trust their own government or banks / local investments so send over here instead. Australian property market is the new Swiss bank account.

Just cos they look chinese doesn't make them a foreigner man, plenty of 2nd, 3rd, 4th generation permanent residents just as entitled to buy as you are.

I hear Ya man but being in the industry and having contacts all over im gonna go with the info im getting from people on the front line it's a non issue - just a popular policy for the 'battlers' / art students who took gap years and fkd around through their 20s and wanna blame someone for the fact they can't afford a house.

Well if im having difficulty on a FIFO professional income, I'd hate to imagine how art students would have any chance...
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