This is what happens when the sheeple just let things go. There has been plenty of opportunity to oppose the buys ups in the past, but as with immigration, it is just let go, out of apathy, self-consumption and sheepish incomprehension:
https://www.news.com.au/finance/real-estate/buying/fears-one-million-aussie-homes-could-soon-be-owned-by-foreign-buyers/news-story/c50a4112bab4f3ed8fae27277f313f54
“The country is at risk of becoming the “24th province of China” as we fail to “stem the tide” of foreign investors, an expert has warned. Australia is selling off natural resources, farmland and property to China at a “crazy” rate — putting us at risk of becoming the “24th province” of the East Asian behemoth. That’s according to real estate expert Doug Driscoll, who warned of the urgent need to start a national conversation about foreign ownership of residential property in particular. While interest from overseas buyers has decreased in recent years, the Starr Partners chief executive said our overall rate of foreign ownership was still alarmingly high. And he said a report released last month by Chinese international property portal Juwai.com showed there was now an “insatiable appetite” for Australian property among Chinese buyers, with our softening housing market boosting interest.
