Posted inAustraliaChinaMiddle EastOceaniaShanghai

Australian property softens as Chinese buyers retreat

Australia’s property market is falling, with some pundits predicting an unprecedented crash as Chinese buying dries up and easy money lending is shut down. While the doomsayers may be overstating the risk of a full-blown collapse, declining house prices are exposing some uncomfortable vulnerabilities in Australia’s economy. In a nation where home ownership is high […]