China’s Demographic Change and Australia Housing Price Growth (Research Paper Sample)
I have written a 500-words proposal topic. You can use it as a guidline. I will also give you an example from my teacher and I think it may help you a lot. Also, please do not use too complicated model and just use the linear model. You can use my model in the outline.
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China’s Demographic Change and Australia Housing Price Growth
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China’s Demographic Change and Australia Housing Price Growth
Introduction
Over the recent past, Australian real estate sector has experienced significant growth. Besides, the housing prices in the nation have escalated at a significant rate; a change which has been linked to some factors. Various discussions have been made over this issue. Some Australians attribute the high housing prices to increased numbers of Chinese immigrants and increased Chinese buyers who have invested in different Australian states in an effort to offer solutions to housing problems that have become common as a result of the fast growing number of Chinese immigrants in the state. Some reports have indicated that the changes experienced in the Australian real estate sector have led to rise of housing prices to exorbitant levels, which has significantly affected the cost of living. However, a research conducted by BIS Oxford Economics and Cross Border Management indicates that Chinese buyers have not had an effect on housing prices. According to these studies, Chinese buyers contributed to 2% of transactions in the Australian real estate sector. These transactions accounted for 1% of the average increase in the housing prices in Australia. However, the growing Chinese population which has led to increased immigration and foreign investments in the Australian real estate sector has had a significant effect on housing prices in Australia.
Chinese investment in housing has experienced a ten-fold growth between 2007 and 2016, which has translated to increased property prices in Australia. Some arguments made over the issue discredits China as the only country which has had an effect on property prices in Australia; rather, this has been a collective effect of immigration effects of people from East Asian countries such as Korea, Japan, Malaysia, and Vietnam who are confused to be Chinese.
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