The biggest reason to be bullish Australian property is it will remain a Chinese dumping ground for the near future in hiding assets out of an increasingly rich china. Similar to how gulf Arabs bought up property in London
“A migrant who moved from China in his twenties unable to speak English says Australians need to have at least $5million worth of investment properties to enjoy a comfortable retirement and avoid being stuck in the middle class.” This country is retarded.
If you’re Chinese have a few million and want to get it out of china australian property has to be one of the best options, I guess bitcoin/crypto may be taking market share in that respect
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