If it is to the detriment of Australia (eg creating a housing bubble or creating a situation where house prices are out of proportion to wages) then foreign investment laws should be enforced.
For me this means not just Chinese investors, but Americans, Europeans, Inuits, whoever. House price growth has been quite disproportionate over the last few years and to me it is not sustainable. Some will wax lyrical that foreign investment laws are a form of tariff and against open trade but housing is a fundamental need and should be protected.
And yes, I do own an investment property and acknowledge that the value of it could fall.
