realestate.com.au·3 min read·medium
Japanese investors surge into Australian property as Chinese sell
N
Nathan Mawby
✦AI Summary
Data from the Australian Taxation Office shows a decline in Chinese investment in Australian residential property, while Japanese ownership has surged by 46 percent. Experts suggest the shift is linked to economic instability and a potential property market crash within China.
Chinese investors are selling off thousands of Aussie homes according to new data Tax Office and Foreign Investment Review Board data.
businesseconomyworld
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