Sunday, July 12, 2015

Why are we offering mortgages to 457 visa employer-sponsored non-residents to buy property in Australia?

So now all these foreign workers coming with their foreign companies into Australia under the new free trade agreement can buy up our houses too. It puts the lie to "temporary" doesn't it?

Buying up Australian property is no longer just for the well-off money laundering Chinese businessman. It's for everyone. The floodgates are officially open for business. We have massive unemployment and housing unaffordability, now this. Terrific.

http://www.maphomeloans.com.au/457-visa-home-loans/

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