Contrary to popular belief, Chinese foreign investors actually welcome the new legislation regulating real estate purchases by foreign buyers, says the Australian Financial Review (3 June 2015). However, many think being penalised due to poorly administered rules a rather unfair affair. Co-CEO Andrew Taylor explains, "On the whole, Chinese investors are used to following the rules, and they are happy to. There really isn't the widespread malfeasance that some people prefer to believe." Fact is, Chinese buyers become apprehensive of markets where there are no restrictions on foreign investment, as many consider it as a sign of desperation.