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To: blam

Good links there!!! I like the one how Alberta is suffering mightily as oil/energy prices plummet. I used to think that natural resource based economies like Australia and Canada were bullet proof. Both currencies are down 25-30% from two years ago.

I hear home prices are still insane in Australia. Due to Chinese/Asian buying perhaps?


11 posted on 09/01/2015 5:23:21 AM PDT by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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To: dennisw
I hear home prices are still insane in Australia. Due to Chinese/Asian buying perhaps?

We have a winner! However, the Aussie government is very concerned about the huge increase in Chinese buying and may attempt to reduce it in some way.

17 posted on 09/01/2015 5:27:47 AM PDT by ExSES (the "bottom-line")
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To: dennisw
"I hear home prices are still insane in Australia. Due to Chinese/Asian buying perhaps?"

Chinese buyers flood U.S. housing market

19 posted on 09/01/2015 5:29:49 AM PDT by blam (Jeff Sessions For President)
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