My nextdoor neighbors house just sold for $1,575,500 to some 5'5 Asian guy who had a translator bidding for him.
Literally like 30+ couples turned out that were bidding, all went away disappointed, a few even cried.
This house last sold for $275,000 in 2001. The fuck is happening LMAO?
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Australia being sold out to fucking chink scum. Why does this need explanation?
All the money flows to China, Chinamen steal it, then buy houses with it.
Austrailians are so poor that even chinks are richer than them.
Wealthy Chinks and sellout politicians. We've got them too.
Sell your house and move to Poland. I'm assuming it's a similar value. $1,500,000 in Eastern Europe goes a long way. You could start multiple businesses with that kind of money.
You will never own a home, so that Chinamen can park their stolen money.
Sad!
>tfw can't go back home to Australia because its literally affordable for an Australian to start up in Australia.
This is a good thing. Once it reaches boiling point the populace can raid all the houses, take them back (since no one even ends up living in them) and tell the owners back in China to fuck themselves.
Basically this. Same thing is happening in Canada and New Zealand. Chunks are buying up land with dirty money so they can flee China when the whole thing comes crashing down.
These yellow freaks have got to go. Fuck the boomers.
Asian land banking, which is ironic because the taxes they end up paying and inability to negative gear as foreigners means they're losing out in the long term.
And God forbid we have a war with China, but what do you think will happen when our government realises 10% of home owners are citizens of a belligerent nation?
The problem is at its absolute worst in Vancouver. Australians simply tax the fuck out of them.
Reminder that moving to a country where you can't speech the local language is not a wise life decision and therefore suggesting it as a means of avoiding problems in virtually all anglosphere nations is invalid.
YU WAN CHEAP BID ON HOUSE?
TOO BAD, HERE, WAN MIRRION DORRARS
Same thing in Vancouver and Toronto
They're starting to show up in Calgary now, despite the economy being total shit unemployment at 8% house prices are still going up
A combination of apathetic government, boomer greed, and low interest rates has fucked everything
I thought your government outlawed that. What happened? Is it cause you killed Based Tone to the curb?
>Blacks cucking whites in America
>Muslims cucking Euros in Europe
>Asians cucking Anglo-Aussies in Australia
Whites BTFO
They're infesting Vancouver Island now as well. Not good. Georgia Strait used to keep them away.
This is what free-trade fags don't want you to know. When you have a big trade deficit with a nation like China, they will tell you, "Oh, they are subsidizing your economy! It all balances out!" They never do the math and realize that of course it all balances out, because the chinks take the surplus and buy up all your assets, creating legal claims on future income streams in your nation that are tantamount to ownership of it.
When free trade polices result in large trade deficits to other countries, your nation is being sold out from under its citizens to foreigners, and that's a fact.
>Australians complaining about Chinese
Well then why did you fight the Japanese Empire?
It's like when Europeans and Americans complain about Jews in 2016.
Well maybe, just maybe if you didn't side against Germany you wouldn't have all these modern problems.
kek
Sounds like the value of your house just went up a couple of tens of thousands of dollars overnight.
Why do Chinese people buy houses in these random countries anyway
Too many chinks senpai. Too many chinks.
Money laundering and a safe spot when the mainland tanks.
Just a reminder that you cant own property in China per their laws.
Backup plan.
>Reminder that moving to a country where you can't speech the local language is not a wise life decision and therefore suggesting it as a means of avoiding problems in virtually all anglosphere nations is invalid.
Then learn the language? Live in an Eastern European country two years building connections, learning laws and learning the language. You could live lavishly on $20,000 a year while you're learning.
It's not a bad decision. You're getting out of a high priced market and moving into a low priced market.
>that flag
>Americans
>"you" not we
Aus, Can, NZ = safe, stable, never in the news. Boring places are good places to live.
It's capitalism, deal with it.
FUCKING CHINKS STAY OFF MY ISLAND!
REEEEEEEEEEEEEEEEEE
You can't even own property in Mexico without being a citizen if I remember correctly. But of course Canada and Australia shouldn't have such bigoted laws :^)
The properties are just a safe money laundering investment, they don't even live in half of them.
Just go squat in them then.
>Parents buy state house in mid 90s for 200,000$
>Could advertise it tomorrow and get 1.5 million for it.
Mass immigration and not enough housing tends to drive the prices up. Only the banks and investors are benefiting. First home buyers are fucked.
We have had left leaning millennials here actually complaining about the Asians and the media and politicians start screaming buzzwords.
Na fuck off. Sellout politicians putting foreigners above their own citizens.
You're delusional if you think you can create a successful business and have a happy life in a country with a completely different culture and mentality.
>Asian land banking, which is ironic because the taxes they end up paying and inability to negative gear as foreigners means they're losing out in the long term.
I've heard some houses are paid in full cash and no question asked...is that true?
So you spend a year learning, you spend about 2 years having preschool level conversations and by the third or fourth year... What, you finally realise you've wasted three years of your life out of some fashionable ideal to live far away from the country you're most acclimated in order to be genuine to a decadent goal of experience?
I'd rather build a life in a place where I can completely utilize all the knowledge I've gained, which means English conversations and using English language socialisation techniques. I'll out and admit it, socialising for me is hard enough already.
Honestly, I'm just shitty because it's a stupid idea.
>Australia and Canada complaining about buying real estate
Nigga, you guys are 2nd/3rd behind RUSSIA in lowest humans per acre.
Nigga, you guys should have already owned ranches or mountain land in your countries. My supervisor's friend owns a fucking MOUNTAIN RANGE in Colorado Rockies. (20 miles long/several miles wide)
where do these chinese get this money in the first place
It'll probably sit vacant for a while, driving up property value (and taxes) in your area from the inflated purchase price and ensuring that low-mid class 'strayans will never be able to afford to purchase a house in their own country for the next decade.
Plant a bunch of kudzu and knotweed on the property (preferable right against the house) to make it uninsurable and wreck the foundations. If it gets on your side of the fence, you can sue them for devaluing your property with nuisance plants and poor maintenance. No one's gonna be living in it for the next few years and the cheapass chink owners will probably pay for the bare minimum of maintenance. Make their dirty money investment worthless by the time they do flee.
>Just go squat in them then.
I am white though, I would get thrown in jail for squatting.
mate, lemme tell you a story. my grandparents purchased property like houses and shit during the 60s for mostly 20k some of them went for 30k. I just recently sold one of the houses for 1.5 million. good times we live in
That's kinda what one guy did in my city. When the chinks came a visiting they found a guy taking a shower and all of their furniture and appliances gone.
Most Chinks can only speak two English words, "cash onree".
My dumbass parents sold a home in downtown Honolulu in 1990s for $70K~.
It just sold again in 2010s for $1.2 Mil.
My parents are dumb da dumb dumb dumb.
What the fuck isn't made in China now?
Gonna be fun if there is a war. Whoops, where did our industrial base go?
It's that 0.5% of chinks that own the factories, movie theatres and all that capitalism in the People's Republic.
>Sell house roundeye.
That's pretty typical for these people, yeah. Like others have said, it kills two birds with one stone: they can invest a TON of money outside the country for safe-keeping when shit hits the fan, and it gives them somewhere nice to live when that happens.
meanwhile, in my neighborhood, a beautiful house and horse ranch property which sold for 1.5 Million USD in 2005 sits abandoned, in disrepair, graffiti ridden, homeless people sleeping in the barn, in the house, on the property everywhere, is listed for $500,000 without a buyer in sight
>It'll probably sit vacant for a while, driving up property value (and taxes) in your area from the inflated purchase price and ensuring that low-mid class 'strayans will never be able to afford to purchase a house in their own country for the next decade.
Down the road is a house that has been sitting empty for 3 years. 2 Asians have owned it in that time and they just sit on it and cash it in a year later for an easy 100,000$ profit.
Piece of shit doesn't even get the lawns done or pay his rates.
A lot of it is likely dirty money from the rampant corruption that infest China. If you have contacts in the Chinese bureaucracy, you can make mad dosh.
oh so the big money changs are coming through with the yuans to buy this shit?
Are chinks as bad as niggers moving in next door? I'm from the South, so I've never experienced this chink invasion.
America why you bitch so much about black people? They're only 13% of your population.
sounds like Las Vegas, NV
> Be China
> Be Dictatorship
> Want to be Global Superpower
> Have a billion people
> Treat most of them like shit
> make everything, get paid in US dollars
> lend them to US
> keep getting paid in US dollars to make shit
> have surplus in US dollars
> want capital assets
> want political and economic influence in developed countries
> buy real estate in developed countries
> drive the locals out of the major cities
> turn them into playgrounds for Chinese elite while whitey serves them.
It's modern day colonialism
>Houses still cheap as fuck here
God bless rural Texas
>This house last sold for $275,000 in 2001. The fuck is happening LMAO?
SELL YOU STUPID FUCKS! YOU TOO YOU FUCKING MAPLES!!
Most are commie party committee leaders of some kind.
The solutions to these problems are so simple they're obvious even to 5 year olds.
I remember when land out west was going for $99/acre (mineral rights not included)
Is it still that way?
If you've been to uni, you would know that 95% of luxury/sports cars are driven by Asians.
Australia has a system where if you 'invest' enough money (buy stuff like cars, setup a business etc) you and your family are granted citizenship.
All the rich ones come over and live wealthy
And then give China a fucking pretext to invade us? No thanks you retarded English teacher
It's the richest of them you idiot.
>Selection bias
This entire thing is hyperbole. The problem inherently is government policy and not the consumers; because only 25% of 'outlier purchasers' in the property market were Chinese, many others being English, American, Russian and other Australians
This is the most American post I've read because of all the disregard for factors except the one for his argument. Kill yourself
Because they can afford it. There's a fucking lot of rich Chinese and they can afford to buy houses in comfy countries.
Then obviously the problem is our government needs to change its policy
China is the world's most populous and second richest country. There ought to be a few rich blokes, don't you think? Fucking retard.
This is basically what India did to the late colonial Britain. My mate's Australian flag and hunting rifle were both made in China.
>turn them into playgrounds for Chinese elite while whitey serves them.
This sounds like typical Sup Forums hyperbole but Vancouver is basically already there. Fucking hell.
Really fucks me off.
The guy who owned it before these chinks had lived in it since 1945. His father was given it when he came home from the war.
>Selling real estate
Spotted the retard.
Lease/rent your land.
Land is something you accumulate and never sell like Gold, Firearms, Ranch, Apartment, Equity. Something that becomes a family trust.
You can also post an ad on craigslist claiming everything is up for grabs. Just go at night, take a hammer to the door knob (won't have a working alarm, chinks will be too cheap to pay for one), and leave it open for the guests the next day. By the time they send someone over, there won't be any pipes or wiring left.
lol
>english teacher meme
Calm down imam.
You're telling me, a one story 'modern' house a few houses down from me sold for 1.2mil. It's actually fucked, idk how I'm ever going to own my own house unless there's some crash, in which case I probably won't have a job so no money to buy a house anyway.
Yes, they are laundering that money in an ultra-safe investment. Houses in Canada and Australia are over-valued because of this.
fuck you chinaman
Yes, but 'colonialism' is based on the premise of conquest and forceful subduing. Western governments pass legislation ALLOWING non-citizens to own property. It's not colonialism, it's retardation.
Chinks let their children piss in garbage cans.
>couples bothered turning up
>the auction wasn't just a bunch of different chinese businessmen bidding between each other
do you even sydney pham?
>Canada and Australia fought Japanese Empire in WWII
Karmas a bitch
CHOKAI!
*Fires Torpedo*
Hilarious, your own race sold you out white aussie. Rich Chinks and Cumskins laughing it all the way to the bank
I know the story on this end
There are tons of houses near me owned by California chinks, unoccupied, unmaintained, just biodegrading in the son. Nobody has lived in them for the past 8 years.
Some of the owners do as you say and cash out to the next asian investor
Some thought, are chinks who lost their asses and are too embarrassed to cut their losses
Shit that went for $750,000 back in 2007 is now valued
>Everyone who doesn't agree with my opinion must be Muslim!11!!1
Alright, you're a fucking tourist. Happy?
>Everyone that is rational must be a Chink
I wonder why America gave away its industrial base to China. Wait it's because the average person in the electorate is probably more stupid than you are and more liable to needlessly strawman than tackle actual issues the way you do.
>random countries
House has already been gutted of piping and hot water tank etc. (We have Maoris and Polynesians who are prone for stealing them from vacant houses)
These Asians don't care if the houses are trashed. The land is what is worth so much. The house alone wouldn't even sell for 10,000
>inability to negative gear as foreigners means they're losing out in the long term
many of them aren't foreigners, but in any case, they'll just be happy to get their corrupt money out of china before it can be seized by the government, so they still win
Boomers are retarded cunts everyone knows that.
How do you launder money through a house that you paid 5x+ for?
I understand people doing it through businesses like nail salons but how do you do it with houses that you over pay on?
Sounds like they're the opposite in some ways.
They will keep the place clean, they will keep to themselves. They aren't loud.
But they will show up in ever increasing numbers and never stop speaking Chinese loudly to each other and putting up Chinese signs and making Chinese businesses and generally turning your home town into Hong Kong. Plus they're aggressively demonstrative about status. You got a new truck? Your neighbour will get a newer, better one then look at yours with contempt.
I live in Vancouver and work in the downtown core. It's pretty hard not to see a 20 something gook driving a pink Bentley...and i'm not exaggerating on that front. I've had enough and i'm ready for the race war.
I'm in Seattle and I've seen a bidding war erupt on a drive-way between two chink agents each on speakerphone with their clients back in China.
Tech-bros alone already priced most people out of here for life in like 5 years flat. Now chinks are coming in to make us truly Sydney/Vancouver-tier.
If I ever want to own a home I'm gonna have to move out to the countryside or the south, that's pretty much all there is to it.
Good job on showing your insecurity faggot. And we let literally anyone on the fucking globe own property as long as they've got the cash. I just returned to Sup Forums after a 3 year break and this entire board is just full of nonsensical circlejerking rather than rationally assessing problems.
>unless there's some crash
Oh it will come. Sooner or later they will have to cash out, it can't go on forever.
We should just bring back the Chinese Exclusion Act NOW!
Pinch: How the Baby Boomers Took Their Children's Future - And Why They Should Give It Back
^this book does a good case for why selling your home in this fashion is wrong.
For the 1% of pol/ that still reads books
>complaining about Chinese people
Just why.
Because they're disgusting insects you stupid chink.
Being this mad won't get your houses back from the Chinese, settle down.
>a few even cried.
Wait, what?
nice heavenly trips my chinese friend
Look on the brightside, Chinks are buying your worthless assets, soon to be driven downwards in the next recession
>Hilarious, your own race sold you out white aussie. Rich Chinks and Cumskins laughing it all the way to the bank
Yes a lot of us are waking up to this fact.
Its mostly the rich, property owning boomers who are crying RACIST when the millennials start complaining that they cant get into the property market anymore.
Half the blame goes to the sellers, who are usually white. It takes two parties for a transaction.
All I'm saying is the Chinese should be banned from ever stepping foot in any Western country effective immediately.