{"id":72317,"date":"2017-11-20T19:00:30","date_gmt":"2017-11-20T12:00:30","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-buyers-cooling-on-australian-homes-as-financing-gets-harder-to-find\/"},"modified":"2017-11-20T20:05:57","modified_gmt":"2017-11-20T13:05:57","slug":"chinese-buyers-cooling-on-australian-homes-as-financing-gets-harder-to-find","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-buyers-cooling-on-australian-homes-as-financing-gets-harder-to-find\/","title":{"rendered":"Chinese buyers cooling on Australian homes as financing gets harder to find"},"content":{"rendered":"<p>&#013;<br \/>\nChinese demand for Australian residential property has eased because of tighter capital controls imposed by Beijing and tougher restrictions on mortgage lending by local banks, according to a senior official at Australia\u2019s central bank.<\/p>\n<p>The Reserve Bank of Australia\u2019s head of financial stability, Jonathan Kearns, said on Monday that foreign buyers accounted for around 10 to 15 per cent of new construction, or about 5 per cent of total housing sales and around one-quarter of sales&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/property\/hong-kong-china\/article\/2120718\/chinese-buyers-cooling-australian-homes-financing-gets\" target=\"_blank\">Chinese buyers cooling on Australian homes as financing gets harder to find<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Chinese demand for Australian residential property has eased because of tighter capital controls imposed by&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-72317","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-iOp","jetpack-related-posts":[{"id":17130,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buying-a-house-in-sydney-get-ready-for-expensive-stamp-duty\/","url_meta":{"origin":72317,"position":0},"title":"Buying a house in Sydney? Get ready for expensive stamp duty","date":"June 20, 2016","format":false,"excerpt":"\r Property Council of Australia calls it a blatant \u201ccash grab\u201d New houses in Sydney (Image credit: News.com.au) In efforts to quell a potential property market bubble and plump up government coffers, the Australian state of New South Wales has announced it will be doubling stamp taxes beginning this week.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121020,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sydney-shrugs-aside-covid-19-cooling-measures-and-tensions-with-china-to-emerge-as-hottest-luxury-homes-market-globally\/","url_meta":{"origin":72317,"position":1},"title":"Sydney shrugs aside Covid-19, cooling measures and tensions with China to emerge as hottest luxury homes market globally","date":"July 23, 2021","format":false,"excerpt":"\r The absence of foreign homebuyers, including those from mainland China, in Australia\u2019s property market has not prevented Sydney from copping the crown of being the world\u2019s top prime property market, with prices rising 10 per cent as of June this year, according to property consultancy Knight Frank.Prime properties are\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119694,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-australia-relations-tax-rebates-entreaties-by-australian-states-fall-on-deaf-ears-as-chinese-home-buyers-await-a-thaw-in-ties\/","url_meta":{"origin":72317,"position":2},"title":"China-Australia relations: tax rebates, entreaties by Australian states fall on deaf ears as Chinese home buyers await a thaw in ties","date":"January 9, 2021","format":false,"excerpt":"\r Chinese homebuyers, the fifth-biggest group of foreign investors in Australian property in 2019 before relations went into a deep freeze, are turning their backs on the tax rebates and other entreaties offered to lure them back, as they stay on the sidelines to await for a thaw in bilateral\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124673,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-housing-market-gets-lifelines-as-cities-lenders-ease-down-payment-and-financing-to-arrest-slump\/","url_meta":{"origin":72317,"position":3},"title":"China\u2019s housing market gets lifelines as cities, lenders ease down payment and financing to arrest slump","date":"February 23, 2022","format":false,"excerpt":"\r More mainland Chinese cities are taking steps to shore up the property market as local governments and lenders eased the requirements on down payments and mortgage financing to arrest the worst slump in home sales in a decade.In Heze, a city in northern Shandong province, four major banks have\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":144301,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-mainland-chinese-buyers-snapping-up-8-out-of-10-new-homes-in-some-sales-agents-say\/","url_meta":{"origin":72317,"position":4},"title":"Hong Kong property: Mainland Chinese buyers snapping up 8 out of 10 new homes in some sales, agents say","date":"May 6, 2024","format":false,"excerpt":"\r Mainland Chinese buyers account for anywhere from 30 per cent up to 80 per cent of the sales in some recent launches, agents say, raising hopes that their buying power will bring price stability to the market.\r \r Source : South China Morning Post\r Read more...Hong Kong property: Mainland\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104159,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-china-buyers-pause-investments-in-australian-real-estate-on-concern-of-post-election-increase-in-capital-gains-tax\/","url_meta":{"origin":72317,"position":5},"title":"Hong Kong, China buyers pause investments in Australian real estate on concern of post-election increase in capital-gains tax","date":"February 19, 2019","format":false,"excerpt":"\r A recent surge in demand for Australian property from wealthy Hongkongers and mainland Chinese could be dampened by the country\u2019s upcoming elections, industry experts warned.Data from London-based Real Capital Analytics showed that Hong Kong buyers spent US$1.2 billion on Australian real estate last year, a 9.3 per cent increase\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/72317"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=72317"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/72317\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=72317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=72317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=72317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}