Chinese Opera....Greek Drama Pales in Comparision

This is a report by domain
Come.au.

I agree with it, and think we will see subsequent rounds of international interest, also from other countries such as India.

http://m.news.domain.com.au/domain/...n-australian-real-estate-20150715-gicgju.html

 

A good article from MacroBearsness on the Chinese intervention in their stoclmarket.

http://www.macrobusiness.com.au/201...erm=Chovanec+China+destroyed+its+stock+market

 

@JDP1 : How did you know if rich Indian investors investing in Australian area ?

if you just looking at Parramatta, Westmead, Harris Park and Holroyd area then yes, there are more than two people every open house that I can see... But when you go to the "x-wood" area, mostly Chinese investors.

 

They are not fixed as much as the Chinese are to particular suburbs.

 

Aahhh...the Chinese Opera gets more interesting...the Chinois gubbermint...spend $11b propping up the market today!

 

Chinese buyers 'squeezed' by sharemarket crash and banks
http://www.afr.com/real-estate/chinese-buyers-squeezed-by-sharemarket-crash-and-banks-20150729-gimryr

 

Hhmmm all this talk of the 'buying' side of the property investment equation is selling this thread short. Instead, start with 'demand' first and work backwards.

I'd hazard a guess that 90% of forumites here are traditional B & H (buy and hold) investors. So, if you are in it for the long game (hold), who cares who is buying right now and to some degree, how much they are paying.

Instead focus on who is renting. Focus on the opportunity to identify postcodes where rental demand is high and likely will be for some time. And, start with those.

I respect and appreciate these macro global factors and their trickle-down effects but at the end of the day, it is a prospective property's capability to basically stay tenanted and at as decent a rent rate as possible. No matter what happens in the global economy there will always be strong rental demand in specific pockets of Australia for specific audiences. Focus on this first, I say

 

China has just lowered down their IR: http://www.bbc.com/news/uk-34052618

So I guess it would be followed by Australia sometimes this year with the consequence of falling AUD$ even more :-|

If US Feds increase their IR, then we are even sooner to lower down the IR even further making Australian Property price even better to the International Investors, see this news: http://www.smh.com.au/comment/all-bubbles-burst-first-china-later-australia-20150826-gj8dpe.html

 

And their citizens have and continue to spend a lot propping up our residential real estate markets.
If it were not for them, you can take a chainsaw to a decent amount of Sydney and Melbourne and throw it in the bin.

 

Maybe....the demand is also internal....