That whoosh? It’s the Great Chinese Property Pullback

That whoosh you just heard? It’s Chinese money pulling back from property in London to Sydney to New York.

Capital centres globally should brace for tumbling real-estate prices as Beijing manages to do what Brexit and higher interest rates haven’t.


China is responsible for between 12 and 25 per cent of all office transactions by value in Australia over the past two to three years.  Photo: Louise Kennerley

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