In terms of property, I wonder how much is being sold to foreign investors. This article came up recently about London

http://www.constructionenquirer.com/2016/02/04/opinion-is-th...

I give it more credence than the usual "property market correction incoming" because certain fundamentals have actually changed, oil is dirt cheap, China as you say is volatile having blown multiple bubbles and now dealing with the consequences.

Perhaps those who previously bought for investment purposes may need to liquidate?