How much did Chinese investors drive up Sydney home prices? It's less than you might think
- Written by Song Shi, Associate Professor School of Built Environment, University of Technology Sydney
When China cracked down on money leaving the country in 2017, some Sydney home prices fell 3%, while in other suburbs the restrictions had next to no impact.
This finding – from research Xunpeng Shi and I recently published in the journal Housing Studies – shows Chinese investors have had some effect on local house prices....