Saturday, April 24, 2010

Land sakes

I was heartened to hear on today's news that the Government has reversed its decision to allow foreign ownership of residential property. I was also bemused to hear the Opposition describe this as backflipping and point out that the situation has returned to that which we had under the Howard government. I guess it's all relative as clearly Howard wasn't too precious about foreign ownership of Australian companies or Australian icons. But I certainly do support any initiative to make it more affordable for people to own their own home. And letting greedy foreigners buy it up in no wise helps.


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