Waterfront homes in the suburb of Woolwich, with the Sydney Harbour Bridge in the distance on Wednesday, February 17, 2016. Photo: Bloomberg

Chinese big spenders are curbing their offshore property shopping as tougher capital controls bite

  • Luxury homes are still changing hands, but at lower prices and for a smaller pool of buyers as China’s capital controls take effect
  • A litany of political factors are also weighing on Chinese interest in London, New York and Sydney, adding to the effect of capital curbs
Topic |   International Property

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Waterfront homes in the suburb of Woolwich, with the Sydney Harbour Bridge in the distance on Wednesday, February 17, 2016. Photo: Bloomberg
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