the country is willingly letting money flood in from China with no cares as to where it came from - only an imbecile would think that the FIRB is doing its job
the joke is on us.
a book entry in a bank in China (debt) in exchange for a real asset in Australia (land)
my children will rent from a Chinese landlord for the rest of their lives because a bank in China lent the money and when it cant be paid back they will just print it
so cheer on the rising prices all you want - they still suck money from the productive economy and you will still have to live somewhere - as will future generations
