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LoadedDog

17,288 Posts.

11

02/02/23

11:22

Post #: 66026908
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Originally posted by henryjacks: ↑

I live in a fairly nice part of Melbourne.
The house next to me was bought by flippers( on sellers). The bloke gutted a lot of the dwelling, building more bedrooms and en-suites; the reason to sell to Chinese and their extended families.
The home has been open for inspection: selling price 2.4 Mil +, 80% of the inspectors are Chinese, they pull up in luxury cars. What chance have our kids got? They are not worried about interest rate rises : they are given bags of cash by the Chinese Government. Our kids have no chance, this is a takeover!

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This house in a very liveable suburb sold neatly under $400k
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