> which is about 25km west. This helped a tiny bit.
It would help a lot more if they added a zero to that number
> because he's being outbid by chinese "students" (lol) to the tune of +$500K over the expected price
I believe that’s a real problem but only in certain suburbs. If you are a well-off Chinese businessperson or government official, and you want to get your money out of China - in case Xi Jinping suddenly decides he doesn’t like you any more - splurging on a residence for your kid at uni in Australia is a good way to do so while complying with the laws of both countries. Still, while it is a real issue in some areas, at a national level I don’t think it makes a huge difference - there’s lots of housing in Australia which isn’t that close to a university campus
It would help a lot more if they added a zero to that number
> because he's being outbid by chinese "students" (lol) to the tune of +$500K over the expected price
I believe that’s a real problem but only in certain suburbs. If you are a well-off Chinese businessperson or government official, and you want to get your money out of China - in case Xi Jinping suddenly decides he doesn’t like you any more - splurging on a residence for your kid at uni in Australia is a good way to do so while complying with the laws of both countries. Still, while it is a real issue in some areas, at a national level I don’t think it makes a huge difference - there’s lots of housing in Australia which isn’t that close to a university campus