[lhorie]

I think making it harder for foreigners to buy houses as appreciating assets has always been a talking point and I suppose it probably helps if the bar against foreign money is higher, but I see it more as a whack-a-mole game. The example of chinese kids buying property to park their parents' money comes to mind as a way that people get around regulations. It's relatively easy to get permanent residence and even citizenship compared to the time scales of real estate, combined with the "using family members to siphon money out of China" thing.

But you're right, I don't think there's going to be a single action that solves the problem fully on its own, so taking it one step at a time is a good approach.