Property bust rattles Australia's record-breaking economy

By Tom Westbrook SYDNEY (Reuters) - As property prices rocketed toward the heady peak of Sydney's real-estate boom in 2017, the bulldozers came to Epping. Eucalypt-lined streets of red-brick bungalows in the middle-class suburb were snapped up at hefty premiums by developers, razed, and quickly remade as apartment blocks. Many units were sold off-the-plan - where buyers enter into contracts and pay deposits before construction starts - to Chinese investors drawn by the location's reputation as a Chinese community hub and its highly-regarded schools

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