david mc williams on australia, page-5

  1. 37,911 Posts.
    lightbulb Created with Sketch. 828
    i sense, rightly or wrongly, there is also alot of foreign investment in the Australian property market

    for example, in Sydney, many wealthy Chinese families in China, Indo, Malay, Taiwan, etc send their children to university

    they often buy real estate and, for the most part, do not even rent their houses

    not a good thing for Aussie society, keeping rents & property prices high, but it seems like a factor McWilliams did not mention

    Australia is only a small countries with how many properties? ten million?

    how many very wealthy entities in SE and East Asia looking to park their wealth were it seems safer?

    ?
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.