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The AFR has a nice spruik piece today on where to buy property this Spring which, for anyone with an eye on the cycle, should be to sell. For Sydney:
Plenty of Chinese influence in the North Shore suburbs but check out Melbourne:
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The red boxes denote heavily Chinese influenced areas and with that bid in trouble, Melbourne may well be more in the gun than Sydney. Not least because of the accompanying Chinese build-out of the apartment market.
About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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