the m showflat

If you think this makes sense, put on the thinking hat as a property investor. Imagine you are a farmer sitting on a large piece of land. Which is smarter: just sell off your land now for today's price or allow more people to work for you on the land forever? This is one reason why you often see most of the larger land development projects being joint ventures between the farmer and the land developer, so that the farmer gets a much better return on his land.

The Australian government is just the m showflat like a farmer who happens to be sitting on a large piece of land that has lots of potential. Why wouldn't you allow more people to come and work on your land, instead of selling it off to overseas buyers just because you don't have enough domestic demand?

This is one reason why I think it is in Australia's best interests to attract the finest talent from around the world to develop our more internationally competitive industries while we are selling down our resources. Selling down our resources is only a temporary cash flow strategy; it is not a long-term survival investment strategy.