Residential housing in Sydney. Home prices in Australia are booming again, despite a drop in the number of Chinese buyers. Photo: EPA Residential housing in Sydney. Home prices in Australia are booming again, despite a drop in the number of Chinese buyers. Photo: EPA
Residential housing in Sydney. Home prices in Australia are booming again, despite a drop in the number of Chinese buyers. Photo: EPA

Chinese buyers abandon Australia’s housing market, still get blame for rising prices

  • Right-wing figures blamed Chinese for stoking Australia’s 2015 housing boom. Six years on and foreign buyers have fallen 80 per cent, yet prices are even higher
  • Toxic geopolitics, media sensationalism, opportunistic politicians and plain old racism contribute to scapegoating, experts say

Topic |   China-Australia relations
Residential housing in Sydney. Home prices in Australia are booming again, despite a drop in the number of Chinese buyers. Photo: EPA Residential housing in Sydney. Home prices in Australia are booming again, despite a drop in the number of Chinese buyers. Photo: EPA
Residential housing in Sydney. Home prices in Australia are booming again, despite a drop in the number of Chinese buyers. Photo: EPA
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