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Politics - Chinageddon - View Post

starcraft said:
You're right about Australian property prices.

Grrrr.


I understand the frustration. It wouldn't be so bad if they occupied the buildings, or, hell, even rented them out. A lot of these Chinese buyers just seem to be buying entire apartment complexes and leaving them empty.

If I had the money, I'd be in the Australian construction business right now. It's pratically zero risk. Most developments are sold before they've even broken ground.