The Chinese have been buying heavily in Aus real estate to launder their illegal money, and its this that's pushed prices up in Melbourne and Sydney - bugger all to do with negative gearing.
If Labor were serious they'd be calling for confiscation of all Chinese-owned property where the owner can't justify the cash.
The Chinese have been buying heavily in Aus real estate to...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)