based on your own data from abs 334,900 were Chinese. This is not only about migration but investment in Australia housing.
Issues with your numbers 430k indians vs 330k chinese were migrants 1 What percentage of both were renters to buyers. 2 What percentage of real estate purchases were from non migrants. 3 What are the purchasing habits of each. 4 What price range were they buying. 5 Chinese have a habit of over bidding and making news on how much they overbid.
Around $700 million worth of residential real estate proposals from Chinese buyers were approved in the first three months of 2023 38% of home purchases are Chinese
It appears that developers are using Chinese demand to fund property development which prices Australians out of the market. Technically the cost of developing virgin relate state is so high and all cost are passed onto the developer which often include infrastructure.
My observations are not as embarrassing as you would say. If I was having a conversation in a room of real-estate agents Im sure my views would pass the pub test with a lot of data to support my views. "tell me something I don't know"eminem
