#ForeignInvestment #AusPOL #Housing
Foreign Investment in Australian Real Estate and housing has crashed in recent years. Let’s look at how high it was and consider the implications it has had on housing prices and the quality of our housing stock. Did such rapid growth in foreign investment overheat our construction industry and are we going to pay for that in the future?
References
Foreign investment in real estate collapses
https://thenewdaily.com.au/money/property/2019/02/19/foreign-investment-in-real-estate-collapses/
8731.0 – Building Approvals, Australia, Apr 2019
https://www.abs.gov.au/ausstats/abs@.nsf/mf/8731.0
Australia’s Economy is a House of Cards
https://medium.com/@matt_11659/matt-barrie-australias-economy-is-a-house-of-cards-6877adb3fb2f