But Mr Raimondo said: “There’s certainly heritage-featured homes that are quite habitable that are being bulldozed for huge French provincials selling for multi, multi-millions, three million.
“It may well be that some of that doesn’t comply with the FIRB rules.
“It’s been going on for some time now.’’
He said it was “obvious the majority of buyers in a certain area (are) doing this”.
Sunday, March 23, 2014
Foreign buyers buying and demoing habitable homes in violation of rules
Outcry over house demolitions breaching Foreign Investment Review Board rules