Why does Sydney among the highest housing prices in the world?

[venkappa]

Any Ozzie or real estate sodaralu want to suggest any reasons. 

[aratipandu]

4 hours ago, venkappa said:

Any Ozzie or real estate sodaralu want to suggest any reasons. 

Australia, New zealand, Canada, HongKong etc...ee countries lo Chinese purchase real estate at inflated prices in order to hide their money from the communist govt...

A lot of those units are reported to be empty as well...thereby leading to real estate crisis