National Foreign Investment Update (SMH) Singapore is now the largest foreign investor in Australian property. Chinese Investment has dropped 69% in the first half of 2017 on a like-to-like basis. Housing Affordability Update (AFR Pg. 3) According to a report released by the Committee for Economic Development of Australia (CEDA); housing affordability is likely to stall for 40 years. Demand is being driven by population growth, negative gearing and foreign investment flows –