[SeekAndFind]

Here’s the reason why the Aussies are doing what the Japanese were doing in the 1980’s in regards to American Real Estate :

* They are riding a commodity-driven export boom. China, workshop to the world, is gobbling up ever more metal and fossil fuel, much of which comes from Australia. Among Australia’s top commodity exports are coal, iron ore and gold ( We here on the other hand, are making it difficult to extract our own resources with too much environmental regulations).

* Unemployment in Australia is just 5.1%. Home prices, which did not fall, average $500,000.

* The Australian dollar is at near record highs, equal in value to its U.S. counterpart.

[Roccus]

The properties come delivered with a clear title and a building inspector's report.

Riiiiiiiiight!

[Tempest]

Funny so many people can afford to buy property in America. Accept Americans....

[VanDeKoik]

They buy our land today, and soon they will make us all drink Fosters!