In an article in todays AFR Citi group says a slowdown in the Chinese economy is unlikely to have a negative impact on Australian house prices. Notably, Australian prices are now low by international standards, as compared to household incomes at around 3.8%, versus the USA, Canada UK and Ireland at between 3.3% and 4.8%.
propellresearch
Australian real estate valuers at www.propellvaluers.com
