Foreign investment is not a huge factor in Sydney housing prices, and even then it mainly just affects new stock. Our tax laws create a huge incentive for larg

Foreign investment is not a huge factor in Sydney housing prices, and even then it mainly just affects new stock. Our tax laws create a huge incentive for large scale negatively geared local investment in housing, which means there's a lot of people "losing money" in rental income in order to reduce their income tax. It's an awful unintended consequence that no one has had the cojones to fix.