Big foreign investor myth busted

  • THE Australian property market is a complex beast.

Prospective homeowners are so desperate to get a foothold in the housing game they’re putting off having children as they front up to dozens of open houses and auctions each weekend trying to find their forever homes.

Yet in the very same suburbs, foreign investors — predominantly Chinese buyers — are snapping up properties they’re happy to let languish unoccupied with no intention of ever living in them.


Experts say what first home buyers are after and where foreign buyers invest are very different. Source:News Limited

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