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Australian housing

Why Chinese investors find Australian real estate so alluring

Chinese investors are often blamed for Australia’s escalating house prices but a number of factors might mean the demand will drop off in coming years. A recently released report found investment in residential real estate by the Chinese is slowing. As the gap in rental yields between the two countries closes and house prices increase, Australian residential real estate is beginning to look less attractive. The lifting of restrictions on Chinese urban residential property ownership and personal investment monetary restrictions may also play a part. [Article first published on The Conversation, May 1, 2017]

Sunshine Coast not so sunny for native animals and people with a conscience

On the Sunshine Coast development has destroyed a great deal of the beautiful natural surroundings that attracted people there in the first place. Native animals are being cruelly decimated by starvation and exposure.

Developers seem animated by greed alone, machinally moonscaping lots when buyer uptake has dropped to 1996 levels[1] in Australia, despite constant mass immigration. The developer lobbies have not been able to restimulate demand, even by touting for overseas immigrants and selling property to foreign investors off the plan. (That doesn't stop them charging huge fees for membership.)

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