Four common misconceptions about Chinese property buyers

How much truth is in the narrative that overseas Chinese investors are warping the local property market?

There is a widely held belief that Chinese buyers pay for their real estate purchases in Australia in cash and there is little need for them to borrow. This could not be further from the truth. In fact, according to a recent survey from GiFang -- a Chinese language website that specialises in selling property to overseas investors -- conducted across 283 buyers online, 97 per cent of Chinese buyers in Australia rely on mortgages.

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