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Everything posted by cobran20

  1. Chinese property buyers are GONE
  2. others are expected to follow in September
  3. This thread was started in 2011, when this house last sold in Townsville for $850K. Over 7 years later and it looks like it will sell with a >50% haircut.
  4. Another thread from GHPC that is worth keeping. IMO, his economic history knowledge and cycle work makes compulsive reading. link From his latest article:
  5. Yes, corrupt to accept the bribery from the chinese to sign up to their belt&road scheme. Same with all the other Asian countries. Their infrastructure loans are not free and if you don't meet payments, they confiscate (ie. takeover).
  6. Half price $1,050,000 Kallaroo, WA house sold by mortgagee
  7. Slowly turning into what the Japanese experienced here during the late 1980's As prices fall 15%, Harry Triguboff confirms Chinese apartment buyers lost their 10 percent deposits
  8. Looks like the new Malaysian government wants to investigate the corruption dealings with China Malaysia suspends $20b Chinese Belt and Road rail project
  9. I wonder how long before the concept takes off here link
  10. I suspect they bring their own to control everything (as the chinese government likes to do) and avoid any language issues.
  11. I would use as they cover the whole country as is probably the most widely used site. Only problem is I think only agents can advertise, so a competing site would be required. If you're confident of selling your place, $1,500 is peanuts compared to the agent's commission.
  12. A simple search will give you the answer.
  13. Another in 3 charts... link
  14. As I understood it, selling online vs having an agent at your place bringing potential buyers.
  15. The Cambodian government sold out to the chinese as part of the One Belt One Road initiative by the chinese, who now are literally taking over many parts around that part of the world. The chinese have full control over any development, including bringing their own labour.