Australian homes should be kept for Australians. (Gerard Rennick)

Why are foreigners allowed to buy houses in Australia?

“Chinese homebuyers have made a strong return to the Australian housing market, driven in part by the weaker dollar and the Chinese New Year holiday period.

Peter Li of Plus Agency, which specialises in selling homes to Chinese buyers, said it had already seen a 20 per cent increase in enquiries for viewing properties during the Chinese New Year.”

And

“Australia has the highest ratio of international students per capita in the world by a large margin.

Australian universities’ concentration of international students is unparalleled. Australia has roughly 2.5 times the number of international students per 100,000 population of second-placed United Kingdom and around three times Canada.”
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In estimates I asked what the rules were in regard to foreigners buying houses in Australia.

Foreign students are allowed to buy houses if they are studying here. This rule was introduced by Kevin Rudd in 2008 during the GFC to keep property prices high.

This explains why the number of foreign students studying in Australia increased dramatically after the GFC.

The Chinese buyers referred to in the article would be “foreign students” studying here no doubt funded by their parents or related entity.

Foreign students or any other foreigners should not be allowed to buy either new property or existing property.

It’s time the Australian government put the Australian people first.



This problem exists in other parts of the world and should not happen. Housing is supposed to be for local populations and not open to the entire planet. This present situation causes huge levels of property price inflation in the most desirable locations on the planet (with high standards of living including social support systems).

 [Posted at the SpookyWeather2 blog, March 26, 2025.]