I found this site as I too believe that housing is overvalued.
As a 45 year old Australian who lives in Melbourne (a city of some 3 million people), we have also seen our property prices go through the roof. This has made it almost impossible for our young to get into the market. Anyhow I digress as the topic is about Aussies buying your roads
The purchaser is an Australian listed company with a market value of A$ 7,700 million. They have not had the greatest 12 months with the share price down 20% in the past 12 months. Their main focus is about buying assets that are not to volatile and have a fair upside as far as income/profit goes.
I dont think you guys need worry about one of our companies buying some of your assets as American companies have bought so much of our country, both physical and intellectual it would astound you. You may not be aware but our countries have a free trade agreement which is currently I believe way in your favour
If anybody would like to now about property down here, please feel free to ask and I’ll do my best
