There is a massive transfer of wealth going on at the moment that will impact the Aussie property market for next 5 to 10 years.
Massive amount of Hong Kong smart money is being transferred to Singapore in a desperate move to avoid evolving Chinese regs on the financial system.
From Singapore...they will then move assets into Australia as soon as borders open up.
Watch this space - the mainstream media and market analysts have not picked this up yet.
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- Forums
- Property
- Not seeing a 40% drop!
There is a massive transfer of wealth going on at the moment...
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