Chinese investment in Australian housing: push and pull factors and implications for understanding international housing demand

Sha Liu and Nicole Gurran

International Journal of Housing Policy, 2017, vol. 17, issue 4, 489-511

Abstract: The increasing integration of the globalised financial market and real estate has resulted in growing levels of international investment in property markets. Yet research on the factors driving international housing demand remains limited. This paper examines the underlying drivers encouraging the involvement of Chinese developers and individuals in the global property market, focusing on the interface between both ‘push’ factors and ‘pull’ factors driving them ‘overseas’. Ostensibly, domestic policy settings, such as China's anti-speculation measures (introduced between 2004 and 2014) might be expected to displace housing investment to other markets. This paper examines the relative influence of such measures along with other domestic ‘push’ and international ‘pull’ factors through in-depth interviews with real estate agents, developers, and a Chinese local government official. In exploring the intersection between ‘push’ and ‘pull’ factors, the focus is specifically on international investment in Sydney, Australia.

Date: 2017
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://hdl.handle.net/10.1080/19491247.2017.1307655 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:intjhp:v:17:y:2017:i:4:p:489-511

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/REUJ20

DOI: 10.1080/19491247.2017.1307655

Access Statistics for this article

International Journal of Housing Policy is currently edited by Professor Suzanne Fitzpatrick, Gerard van Bortel and Richard Ronald

More articles in International Journal of Housing Policy from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().