Home FIRB Chinese real estate buyer crackdown called 'racist' as Ray White urges calm
 

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FIRB Chinese real estate buyer crackdown called 'racist' as Ray White urges calm

2015-03-25 22:30:09| Real Estate - Topix.net

The operator of a Chinese-language real estate website says the Foreign Investment Review Board crack down on illegal property buying is "racist" while Ray White Real Estate chairman Brian White urged calm in response to fears Chinese buyers are pushing up prices. "Yes I think the targeting of Chinese buyers is racist and it threatens to harm the attractiveness of Australia as an offshore investment destination," Juwai co-chief executive Simon Henry said.

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