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Chinese buyers keeping apartments empty 'an urban myth'

After a UBS housing report pointed to as many as one in four homes owned offshore by mainland Chinese buyers being kept empty, and a further quarter used on a "temporary" basis, experts have been quick to say the results do not apply to Australian real estate . Among the naysayers is Jane Lu, head of Australia for Chinese international property site Juwai . She said there was "no hard data" and called the idea of vacant apartments held by offshore buyers as an "urban myth". "Most Chinese buyers of inner- city apartments are not so wealthy that they can afford to leave their property vacant ??? rather than renting it and earning some sort of income. There are some who do not live there full-time, because it is their second home. " Chinese investors are no more likely to turn down easy rent money than are Australians ... Australian second-home owners probably have more vacant properties in Ballina and Byron Bay than Chinese investors do...

Fall TV Show Premiere Schedule 2017

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Find out when your favorite shows return—plus, every new series. Most Popular HBO/CBS/Sundance Channel/NBC/ABC Aug 25, 2017 The season of crammed DVRs and binge-watching is upon us again. Not surprisingly, the fall TV lineups reveal plenty of new pedigree programming. Shows like David Simon and George Pelecanos' HBO drama The Deuce and Jane Campion's SundanceTV miniseries Top of the Lake: China Girl will probably become as much a part of the zeitgeist as returning shows like ABC's Scandal ( back October 5 ) and AMC's The Walking Dead (October 22). Also, expect a smattering of shows about real Americans making a difference, be it Lifetime's retelling of the events surrounding the Flint water crisis (premiering October 28) or, out later this year, National Geographic Channel 's adaptation of journalist Martha Raddatz 's book The Long Road Home : A Story of War and Family . This includes fictional programming , like military drama s Valor ( premieres O...

The Gold Coast suburb that’s attracting more than just golfers

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The Gold Coast secret may have been out for years, but the residents of the Gold Coast suburb of Benowa believe their piece of paradise remains something of a hidden gem. While the oceanfront from Main Beach to Coolangatta captures more than its share of the booming Gold Coast property headlines , there are suburbs within cooee of the sea that offer a special combination of lifestyle and economic advantage. Just five kilometres inland of Surfers Paradise, and close to the Nerang River flowing out to the Broadwater, Benowa Waters was one of the earliest suburban extensions to follow the original canal excavations at the nearby Sorrento canal estate . renowned Royal Pines Golf Course, host of the Australian PGA." /> The suburb is best known for the world- renowned Royal Pines Golf Course, host of the Australian PGA. Photo: Paul Harris Benowa is now firmly established as one of the Gold Coast’s premier suburbs with a range of property types , many waterfront with accompanyi...