XJO - Bear Posts only (Factors which might cause the markets to fall), page-15937

Wave, do you really think that dodgy foreign money isn't laundered or otherwise land banked in Australia? Have you seen the statistics about how many buildings are actually inhabited? Have you been at an auction in a major city?

Australia hands out visas and PR like candy. Half of New Zealand's immigrants attain PR there just to hop the Tasman.

All that you need is one person from a family group/trust in Australia who will then purchase on behalf of the family overseas.

Do you think spies line up and fill out their conflict of interest declarations? You cannot rely on government statistics for this. Another example of unreliable statistics is that a large immigrant group in Australia is from Britain - however, Britain has a huge Pakistani population, so on paper you get Brits but in reality you receive many Pakistanis.