I think no-one will disagree that it is Chinese investment that is driving the Melbourne and Sydney property markets. Is this the answer you are looking for or is it a rhetorical question?
As for Perth and Darwin and their respective property falls again it is China but this time not for a lack of investment in housing but a slowdown in China and subsequent fall in commodities prices.
Is there anything conspiratorial in what I am saying here? I'm just stating the bleeding obvious (I love this Aussie phrase).
