chinese buying houses in australia

Why are house prices rising when housing loans are falling?

It has been suggested by some that Asian interests are buying and with cash.

If so, what should we do?

Well the initial reaction is to say, the "yellow peril" we were so fearful of some decades ago are buying us instead of invading.

This was the reason we had to increase migration remember, lol. Yes, bring people in to stop other people coming in.

What's that quote about fighting for peace, being like "making love" for chastity.

The solution is easy as regards housing.

Sell them all they can buy.

Those who have seen it before with the Japanese, know they will pay too much and eventually sell out at massive losses. They did it here and the US and elsewhere. Yes, it will be disruptive for a while but a lesson will be taught.

Selling resources is another matter and we would be crazy to sell more than token interests.