• just_another_person@lemmy.world
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    1 year ago

    This has got to be caused by these foreign shadow corps buying up large amounts of real estate in other countries. It’s happening everywhere at the same time. I keep hearing about Chinese and Russian interests, but why haven’t we heard anything definitive, or seen any action to stop it?

    • Quokka@quokk.au
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      1 year ago

      Um no?

      Overseas ownership is like 2% of all properties sold here in Australia per year.

      The largest amount of that tiny percent is from the US and UK.

      Anyone blaming China is getting fed some ultra biased right wing news. The biggest problem is domestic landcunts.