Chinese pull-back partly behind Sydney property falls

Wednesday, 10 January 2018

The most recent NAB residential property survey suggested that foreign buyers have pulled back sharply from the Sydney housing market:

Today, The AFR reports that Chinese buyers are shunning Sydney’s property market in favour of more affordable locations like Bangkok:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.