How Australia’s housing crisis opens door for eager Asian investors

Quick Summary:

The factors in Australia’s affordability crisis can be seen elsewhere in Asia, making it important for investors not to overlook their own markets.

However, Australia’s housing crisis is the most severe among Asia’s advanced economies.

One of the reasons many analysts are sceptical about China’s latest stimulus package – its most aggressive since the Covid-19 pandemic erupted – is the scale and severity of the downturn in the residential market.

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Article Details

Author / Journalist: Nicholas Spiro

Category: Business

Markets: Hong KongAustraliaChinaJapan

Topics: Last Markets Asia Housing According Sector Australia Year Crisis Investors Property

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-07 @ 16:30:08 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 348 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 22919974

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Official Website: scmp.com

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News Last Updated: 3 hours ago

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