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Australia draws mainland, Hong Kong homebuyers amid its stable policies, economy (www.scmp.com)

submitted 3 months ago by rss@news.abolish.capital to c/china@news.abolish.capital

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Australia, with its stable political and economic landscape, is likely to attract more property investors from Hong Kong and mainland China in the coming year, according to agents. The luxury property segment of the world’s sixth-largest country is also expected to see increased interest from affluent investors looking for cost-efficient safe havens amid changes in the immigration and residency requirements of the US and the UK, among other jurisdictions. “For many years, Australia has been a...

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