@MisirStan@Goalkickingguru Point is they are citizens or PR holders. They might’ve brought money from overseas to buy boomer’s houses. Money goes to older people’s pockets. If you are the seller, you will be happy about it.
@MisirStan@Goalkickingguru Non-citizens and non-PR pay 8% penalty stamp duty on top of 5.5% stamp duty, a total of 13.5% stamp duty, for a property between 960k to 2M.