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You need to understand Chinese families. Kids support their parents - No such thing as chinese aged care !! When a parent owns a property its not "theirs" in our western sense. Its the family home. Their kids home is the future home too. Parents often sell down and live with kids. If they do...

I would have concerns about Nth Parra. The plans there are huge and oversupply is a likely result. Supressing prices esp for existing who have to drop their pants and rents. Its going to be Rhodes x 10. CH on the other hand is not subject to that intense planning which will dampen price rises...