More Chinese Money to Flow Into Australian Property Market
James Mitchell writes an article for the website The Adviser wherein he says that the relaxation of capital export restrictions will see something like $75 billion of Chinese capital flowing into the Australian properly market shortly. The scheme used by the Chinese government was started for institutions and was known as QDII1. The recent one called QDII2 is for the residential investors who want to dig into the overseas property markets.
Experts feel that China has enough potential to disrupt (at least for the short term) the real estates of many developed countries.
You can read the original article here.