NATIONAL AFFAIRS: Flawed inquiry ignores Chinese investment in real estate*

Widely-held concern that foreign purchases of houses, particularly from people born in China, are pushing up the price of housing in Australia, has prompted a federal parliamentary inquiry into foreign investment in residential real estate. Kelly O’Dwyer MHR (Liberal, Victoria) Last March, the House of Representatives standing committee on economics established the inquiry to examine: • the economic benefits of foreign investment in residential property; • whether such …

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