Chinese buying Sydney Property & Pushing Aussies Out of Market

[Truly Exotic]

Lol. What is an "average" Australian?? http://www.news.com.au/lifestyle/a-special-breed-of-average-australian/story-fneszs56-1226617731186



Lol... Love this comment
I know many 457... can tell you it's not all great for them, especially for ones that really consider Australia as permanent home.

the average aussie girl is not that attractive............unless the ones I hang around with are that bad...

 

[MTR]

You do realise that a lot of the Chinese who are buying actually have Australian passports?

Too bad... off with their head

 

[D.T.]

If ever there was a thread warranting a facepalm meme...this would be it.

 

[HomeBuyAU]

If ever there was a thread warranting a facepalm meme...this would be it.

lol, well it is just news related to this forum, it was on BBC here all day on their main stories in Asia where I'm at... I guess the Murdoch press did not report it in Australia though

 

[Finance Pro]

What difference

What does it differ if the Chinese buy our resources in Australia by investing in property - or buy our Iron Ore and ship it out of Newcastle.

Either way they are supporting the Australian Economy and our expensive lifestyles ....

 

[redwing]

And in NZ there's calls to ban Australians buying NZ property

It would be interesting to look at restrictions in other countries

 

[Blair007]

PT-Bear stole your facepalm haha

 

[sanj]

Woah how did I miss thia thread originally??


Gotta watch out for those foreign lookin locals ayyye

 

[Dan_p]

from: http://www.smh.com.au/business/prop...rd-rate-says-john-mcgrath-20130913-2tocn.html


Should Australia bring in laws to prevent foreigners buying homes or limit them to owning certain buildings, like just being allowed to own apartments or new homes?

And what about the Greeks and Italians buying our land and stealing our jobs back in the 70's, where will it all end.

 

[zed_kid]

They should all just go back to their own country? amirightguys?

 

[TMNT]

and better watch out for those weird, forgein TASMANIANS buying property as well, I heard they speak english now!!!!!

and dont forget the New Zealanders!!!

 

[see_change]

and dont forget the New Zealanders!!!

mmm that's a thought . are Kiwi's allowed to buy in Oz or do they come under the FIRB .

I don't think there's a restriction on us buying over the there . Maybe we should all buy over there before they stop us taking over their country .

The only think that's stopping us in the all blacks ..... now there's a racist term ...

Oh hang on , some one already thought of it .... - I think my favourite Gruen transfer video except for this one .....

Cliff

 

[Deltaberry]

Please explain.

 

[ZachAnSel]

I know the lady on
http://m.smh.com.au/domain/real-est...linch-the-unit-for-couple-20130921-2u6jf.html

She bought from an asian seller too, but both seller have aussie passport, have aussie solicitor, and lender with aussie bank.

And all other people said Oi Oi Oi !!!

 

[Waldo]

Maybe we should all buy over there before they stop us taking over their country .



Cliff

Wait - I thought New Zealand was part of Australia already?

If not we'll swap Tassie for it.

 

[redwing]

Wait - I thought New Zealand was part of Australia already?

If not we'll swap Tassie for it.

They have the North and South Islands and consider us the West Island

 

[datto]

And what about the Greeks and Italians buying our land and stealing our jobs back in the 70's, where will it all end.

You mean the wogs and dagos?

Whatever happened to them?

 

[Angel]

My very favourite Gruen Pitch too.

 

[jacko18]

Wait - I thought New Zealand was part of Australia already?

If not we'll swap Tassie for it.

Settle it down swap tassie for kiwis

 

[redwing]

Woah how did I miss thia thread originally??


Gotta watch out for those foreign lookin locals ayyye

Especially those from the US and the UK

After all, they have the largest amount of foreign direct investment (FDI) in Australia. Japan is the next largest investor. In the 1980s investment from Japan caused concern, but recent increases have been largely ignored.

ABS

The leading investor countries at 31 December 2012 were:

United States of America ($617.6 billion or 28%)
United Kingdom ($496.4 billion or 23%)
Japan ($126.4 billion or 6%)
Singapore ($55.9 billion or 3%)
Switzerland ($49.2 billion or 2%)
Hong Kong (SAR of China) ($42.1 billion or 2%).