‘Very unusual’ pattern with investors in housing market

“They’re not even going in to inspect the places – they’re doing it all

online, and they’re buying these properties,” he told Sky News Australia.

Interesting! I didn't know sky knew anything about real estate. Obviously, just an observation or just more rubbish!

Money laundering is dying?

What is unusual? Sydney & Melbourne have become so unaffordable that people living in these cities are buying in cities that they can afford. This will in turn make it hard for people in those cities. And the cycle will continue. Australia's property market is a horror show

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Malaysians join investor push into Melbourne’s fringe office marketEast Melbourne’s Marlion House has been purchased for $22.68m by a company associated with the family of Malaysian timber tycoon Admond Looh. The irony of a timber tycoon from Malaysia. palmoil
Fuente: FinancialReview - 🏆 2. / 90 Leer más »