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Money Talks: Sydney property prices world's second-highest
02:31
Asia Pacific
Money Talks: Sydney property prices world's second-highest
Sydney’s red hot property market now appears to be cooling off: the latest figures show prices fell by 1.4% in the third quarter of 2017. But it remains among the most expensive places in the world to own a home. Authorities are partly blaming an influx of foreign buyers, particularly from China. And they believe a crackdown could force them out of the market, as Joel Labi reports.
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