who own Australian property are forced to liquidate their assets in order to cover bad debts, some suburbs with a high proportion of Chinese ownership could see a significant increase in the number of properties on the market.
In a scenario where a protracted crisis unfolds within the Chinese property sector, the Australian economy that is already struggling due to the covid lockdowns will be thrown into more scrutiny by investors. Overall, this will give even more problems for the Reserve Bank of Australia to worry about.