"Australia Is About 6 Weeks Away From Housing Collapse"

Real estate prices in Australia's largest housing markets have soared over the past couple of years fueled, in no small part, by demand from Chinese buyers looking for offshore locations to park cash.  

The Sydney and Melbourne markets have been the largest beneficiaries of foreign capital with real estate prices up 53% and 51%, respectively, since 2012.

Efforts to restrict Chinese investment in Australian real estate could send prices tumbling 


http://www.zerohedge.com/news/2016-09-12/australian-home-prices

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