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Chinese causing house prices to rise (Read 11501 times)
Bobby.
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Australian Politics

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Re: Chinese causing house prices to rise
Reply #15 - May 29th, 2018 at 9:53pm
 
Gordon wrote on Mar 12th, 2018 at 7:55am:
Chinese have traditionally only bought the trophy homes in my hood but in the last two years they've also been targeting the lower end , $2 to 4 mill apartments etc.

Seeing lots of Chinese around the shops and parks now.

I guess they learned rose bay is nicer than Burwood



The Chinese could also cause a property price collapse if they
can't pay those interest only loans when the honeymoon period runs out.
Wait for July & August when the first lot of honeymoon periods will be over.
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