Chinese Homebuyers Thronging Sydney Create Mini-Bubble Frenzy

Tina Ford, an Australian public servant, said she could hardly believe it when her three-bedroom apartment sold this month for A$1 million ($877,000) at an auction in which all 16 registered bidders were ethnic Chinese. “I’m over the moon, I’m gobsmacked,” said Ford, 53, adding that she “would ha…

Originally posted here: 
Chinese Homebuyers Thronging Sydney Create Mini-Bubble Frenzy

Leave a Reply