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Seriously? The government held an inquiry into it, and this is the first key thing in the report: "First, there is no accurate or timely data that tracks fore
by Khaine 10y ago
Seriously?
The government held an inquiry into it, and this is the first key thing in the report:
"First, there is no accurate or timely data that tracks foreign investment in residential real estate. No-one really knows how much foreign investment there is in residential real estate, nor where that investment comes from."
See http://www.aph.gov.au/Parliamentary_Business/Committees/House/Economics/Foreign_investment_in_real_estate/Tabled_Reports http://www.aph.gov.au/Parliamentary_Business/Committees/Hous...
http://www.rba.gov.au/publications/submissions/housing-and-housing-finance/pdf/inquiry-foreign-investment-in-residential-real-estate.pdf http://www.rba.gov.au/publications/submissions/housing-and-h...
http://www.canberratimes.com.au/federal-politics/political-news/abs-has-patchy-figures-on-foreign-investment-in-homes-20140625-3atp4.html http://www.canberratimes.com.au/federal-politics/political-n...
http://theconversation.com/little-hard-data-in-the-hard-area-of-foreign-investment-28893 http://theconversation.com/little-hard-data-in-the-hard-area...
Secondly 4 Corners did an investigation into it http://www.abc.net.au/4corners/stories/2015/10/12/4327525.htm http://www.abc.net.au/4corners/stories/2015/10/12/4327525.ht... and https://www.crikey.com.au/2015/10/14/why-are-chinese-buyers-snapping-up-so-much-australian-property/ https://www.crikey.com.au/2015/10/14/why-are-chinese-buyers-...