Interesting that we concern ourselves with overseas purchasers buying up more & more Australian real estate. Does it matter where our landlords drink their wine and smoke their cigars as escalating land prices cripple Australia’s cost-of-living?

Neoclassical economists seem to be fascinated by increases in paltry consumer price indices, while the devastating cost-push inflationary effects of escalating land prices and taxes on incomes and purchases go unannounced.