Tuesday, October 13, 2015

The Great Wall of Money

Monday 12th October 2015

Whether it's waterfront trophy homes or apartments off the plan, or even massive commercial developments, Chinese investment in our real estate has surged by more than 400 per cent in just five years, with as much as A$12 billion spent in the previous financial year alone. Property is now the number one Chinese investment in Australia.

So who are these investors and what do they see in Australia?

On Four Corners you'll meet members of China's super rich, the new generation of global property investors who call Australia home:

"I think this is the best period of time in Australia's history. The vast capital from China, including entrepreneurs like us, have been looking for investment opportunities worldwide." Chinese multi-millionaire property investor

Watch the report here or click on the image below.

http://www.abc.net.au/4corners/stories/2015/10/12/4327525.htm