Re:China May Have $5.8T in Hidden Debt with ‘Titanic’ Risks
by nineteen999 on Tuesday October 16, 2018 @07:22PM
(#18234159)
I could have worded that more clearly. In Australia's case, rules regarding foreign property ownership/investment have historically had a fairly big impact on housing demand, pricing etc. The government of the day is regularly lobbied by those who have a vested interest in seeing prices continually rise to relax those rules. I'll leave it at that.
What is artificially created demand for real estate? Isn't all demand for real estate "real", whether as a home or an investment.