Quote:
Originally Posted by AussieTrooper
In my neck of the woods, it's none of these things. The big prices are being paid by Chinese.
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Chinese investment is a recent phenomenon and one that the government could control if they chose to (why shouldn't we stop foreign investors from pushing up our prices?) but the boom has been going since about 1990.
When there is a downturn I'm curious to see if the Chinese keep buying or flee a falling market. If they keep buying they'll slow the fall, if they flee they'll accelerate the crash.