&gt; Why does this matter? Somebody&#x27;s going to own the land.<p>If the demand is coming from a rich external country, it can create a situation where citizens can&#x27;t afford property.  For your others points, if the skin color of external people isn&#x27;t white, creating any new common sense legislation to protect the interests of citizens can be difficult due to immediate cries of racism (which it isn&#x27;t of course as it would apply to all non-citizens equally, but lets not let facts get in the way).