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    Chinese buying Sydney Property & Pushing Aussies Out of Market

    Yes sell them more ugg boots and nougats.
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    Chinese buying Sydney Property & Pushing Aussies Out of Market

    Not sure what the concern is when they only buy stuff that noone wouldve otherwise bought such as CBD apartments.
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    Chinese buying Sydney Property & Pushing Aussies Out of Market

    Yea I've travelled extensively in major metropolitan and rural areas, and have lived and studied there too when I was younger, and invest there too. So definitely appreciate the wealth gap and "cancer" villages and the inner workings of the country. But I also have many casual friends or...
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    Chinese buying Sydney Property & Pushing Aussies Out of Market

    I'm not sure which country side you're talking about. But most of China in the rural is still very poor and would have no qualms selling your liver.
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    Chinese buying Sydney Property & Pushing Aussies Out of Market

    Go to a tier 3 city, and you might not come back, or might not come back with a liver.
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    Chinese buying Sydney Property & Pushing Aussies Out of Market

    Funny you say the poor folk in the country side are keeping the culture alive.
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    Chinese buying Sydney Property & Pushing Aussies Out of Market

    It comes from observations over many years. Too hard to explain to people outside the country, let alone on a forum. Reality is, what is deemed "dirty" money in one country is a way of life in another. There're also some countries that will stone us to death for some of our behaviour.
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    Chinese buying Sydney Property & Pushing Aussies Out of Market

    As the country embraces globalisation and benefits from the Asian century, there is nothing more important than holding very prime property to ensure you don't get priced out. The Chinese are only half the story and driving a very small residential market. The ones to watch are the Malaysians...
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    Chinese buying Sydney Property & Pushing Aussies Out of Market

    Well that's just a technical argument. You do realise you don't own your land here too yea? Her Majesty Queen Elizabeth II has ultimate ownership and can claim your land back.
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    Chinese buying Sydney Property & Pushing Aussies Out of Market

    What is seen as money laundering in one country may be the way business has to be done in another.
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    Chinese buying Sydney Property & Pushing Aussies Out of Market

    Ah yes my bad, Shell is Anglo. Anyway, when people rave about Gladstone and Fishermen's Bend etc, all these sites are foreign owned. BG, Shell, Exxon, PetroChina, Inpex, Total, Petronas. Only a very few players - like Woodside (hardly Australian) and Santos have some interest in a few sites
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    Chinese buying Sydney Property & Pushing Aussies Out of Market

    They are VERY big investors in mining, oil and gas. Much bigger than Japan and China combined. And Rio Tinto is a UK company in case people are confused
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    Chinese buying Sydney Property & Pushing Aussies Out of Market

    The US is a major investor in Australia in resources, much bigger than China and Japan. Think of the likes of Peabody, Shell, ExxonMobil etc. Who do you think is building all the coal mines in the east coast and LNG facilities? Shell owns 30% of Woodside Energy, Australia's largest oil and...
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