China’s corruption crackdown could deliver a blow to Australia’s property market

The Chinese government's efforts to stamp out corruption could result in regulators turning off the real estate tap, with detrimental consequences for the Australian housing market.

Chinese and other Asian investors have been a major force in driving the price of dwellings in Sydney and Melbourne to high levels.

If the Chinese were to suddenly curtail their buying, then the Australian dwelling market would almost certainly suffer a considerable setback.

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