$Opendoor Technologies (OPEN.US)$ To focus solely on real es...
$Opendoor Technologies (OPEN.US)$ To focus solely on real estate, the United States is a global investment destination, with Sydney being another such location. The reason real estate remains robust is that Sydney is recognized as a global city, not just an Australian one, and is distinct from any other place. Therefore, rest assured that the U.S. real estate market will thrive as interest rates continue to decline. Add to that AI! You can draw your own conclusions. Especially now, as China's real estate market is experiencing a significant downturn. From what I know, a large amount of capital has been redirected to developed countries like the U.S., Australia, and Japan. Moreover, the U.S. is a major immigration country, so there are no concerns about population issues!
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mo0m0o : I’m in Sydney, and no matter how hard I think, I can’t figure it out. Can you explain it to me?
151642449 OP mo0m0o : The reason Sydney's real estate market hasn't declined is that as a major immigration country, Australia doesn't have to worry about population growth. Investments come from all over the world, and the market was even more active when loans were still approved for overseas buyers. Although banks no longer approve such loans, there are still funds available, and local demand alone already exceeds supply! The Australian government heavily relies on stamp duty revenue and the prosperity brought by immigration and international education to drive the economy! Land is scarce, so if you want to invest, buy a house! Apartments are currently less attractive as they've dropped slightly in value compared to before, but prices will rise again soon. Even if Australian property values drop by 20%, they will quickly rebound to their original levels or even higher! This trend has remained consistent for decades.
股市如毒 : Wherever there are clusters of Chinese residents, housing prices are rising too quickly, making it unaffordable for many Americans to buy homes! For instance, in Flushing and Long Island in New York, the rise in housing prices over recent years has been astonishing!