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The survey of 2,000 people, weighted according by age and gender, was conducted between March and April 2021. Data compiled by the National Australia Bank shows foreign investors made up only 3.7% of new home sales and 2.2% of established homes in the March quarter. “These statistics on foreign investment are for total foreign buyers – including the UK, the US and Canada – so presumably Chinese foreign investment would be even less,” Owen said. Owen said foreign investment had been trending downwards since 2014. “The overarching story is that the numbers [of foreign investors] are not significant enough to contribute to most of the housing price increases we have seen. The current upswing is a function of low interest rates, high levels of owner-occupier demand, and relatively low levels of supply.

New south walesUnited kingdomEliza owenElena collinsonNational australia bankUniversity of technology sydneyTechnology sydneyForeign investment review boardபுதியது தெற்கு வேல்ஸ்ஒன்றுபட்டது கிஂக்டம்எலிசா ஓவந்எலெனா கொலின்சன்தேசிய ஆஸ்திரேலியா வங்கிபல்கலைக்கழகம் ஆஃப் தொழில்நுட்பம் சிட்னிதொழில்நுட்பம் சிட்னிவெளிநாட்டு முதலீடு விமர்சனம் பலகை