China's appetite for Australia’s real estate doesn't seem to
be diminishing.
Chinese investors bought more real estate in Sydney and
Melbourne combined – worth almost $US 3.5M than in London, Paris and New York –
this is an Australian record.
The Foreign Investment Review Board approved $12 billion for
Chinese real estate proposals in 2014.
It is not only investment in real estate that is growing
from China.
By 2024, it is estimated the number of Chinese born
Australians would grow from 447,000 to over a million.
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