On the 16 Sept blog I wrote that China was changing its behaviour about its citizen syphoning amount abroad. And I told you we will see the reality of Chinese real estate investment.
Today all the news are about a slowdown in Australian real estate and why it is happening.
I wrote about it a month ago (u can go and look for it). Westpac is so worried about that it rose tye interest rate as they do NOT want more market shares.
By the way, unless China changes idea, this is a new pattern for Australian real estate.
Again…the truth is out there. But if you seek it…be prepared for the answer.