Tag: Foreign

Over the last few years, many governments have implemented policies to manage foreign investment’s impact on their property markets. For instance, New Zealand banned most foreigners from buying homes in 2018 to curb soaring house prices (Reuters). Similarly, the UK introduced a 2% stamp duty surcharge for overseas buyers in 2021 to level the playing field for domestic buyers (Financial Times).
However, the impact of foreign buyer demand can vary significantly between markets. For instance, in Australia and Canada, overseas buyers have contributed to rising property prices and affordability challenges (OECD). Conversely, in countries like Spain or Portugal, foreign investment has helped revive struggling markets post-financial crisis.
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