Cashed-up Chinese Buyers swarm Australia’s Housing Market with their sights set on Major East Coast Suburbs

Juwai lists Melbourne, described as a 'city of opportunities and fortune' as the best city for investment, notably because of 'strong government support' for overseas buyers
AAP Image shared from ‘Cashed-up Chinese buyers swarm Australia’s Housing Market … ‘

CONTRARY to reports from other media outlets JUWAI alleges that cashed-up Chinese buyers are flocking back at 51% to Melbourne, Sydney, Newcastle and Brisbane

Housing price hikes have fuelled FOMO in China … just what we need …

HOW can this be so with our borders closed?

OR are they lay-buying our real estate? Having gained a PERMANENT RESIDENT (PR) Visa on purchase

AND they have their Onshore Proxy here … rels, and friends …

HOW can this be stopped?

SHOULDN’T SCOMO follow New Zealand’s lead and stop foreign buying of our real estate?

That has increased the supply and reduced prices in NZ for their people!

READ MORE!

https://gmnewshub.com/cashed-up-chinese-buyers-swarm-australias-housing-market-with-buyers-rocketing-by-50-per-cent/?fbclid=IwAR25MSmqEb_U8-uYmk9XhdJZEj7vC7_Gdi0h6PoKIwu6MMlZ2-y0hRm2Ixk