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Conditions align for Australian property “perfect storm”

Posted on 25 March 2013

After almost a decade of relentless foreign investment, the bang of Australia’s mining boom may have finally popped – and as the smoke clears, a resurgent property market has revealed itself as the next quarry for foreign investors. The strength of Australia’s housing market has amazed observers, resolutely standing tall, while competitors such as France and the United States have been battered by the global financial crisis.
According to China-based property analyst Marcus Lin with Sunrise Property Group (SPG), Australia avoided a similar fate due to critical structural factors that will only strengthen in the medium to long term………………………………………..Full Article: Source


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