Dr Andrew Wilson

Foreign Buyers: Are They A Positive For Australia’s Housing Markets And Economy?

DR ANDREW WILSON, Senior Economist at Domain Group, analyses the findings of the recent Parliamentary Enquiry into the effects of overseas buyers on the real estate industry, including how increases in foreign students are driving purchasing and rental activity. AUSTRALIAN HOUSING markets  have generally activated  over the past three  years through a significant improvement in affordability and confidence. The sharp…