I posted yesterday on signs of the impending popping of the Australian property price bubble
(Yeah, I know, its been impending for years now ... :-D .... )
Here: Aussie press: Chinese retreat from Australian property as capital controls bite
More signs today:
- Federal treasurer Joe Hockey announced today the government is investigating a billion dollars worth of foreign-owned property
- "As of today there is over 500 investigations in over $1 billion in real estate held by foreign nationals in Australia"