For Overseas buyers our property prices are now 20% cheaper than they were paying when the AUD was 1.05 and higher...
Great for them, but bad for us...
On the other hand, if they sell they will get less dollars back in their own currency, so all overseas investors have lost 20%...
A global currency will sort those problems out...am i thinking to far ahead???
aud falling gives rise to property pricesinves
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