I have various thoughts. The rough one is that investors driving up the cost of housing increases the countries labor costs. Which harms it's competitiveness. Reduces workers standard of living. Which also causes headaches for political leaders.
Foreign investors rub salt in the wound by moving their gains outside the country. And the real risk that they will flee when there is any sort of downturn making it worse.
My opinion giving those guys the middle finger isn't unreasonable.
Foreign investors rub salt in the wound by moving their gains outside the country. And the real risk that they will flee when there is any sort of downturn making it worse.
My opinion giving those guys the middle finger isn't unreasonable.