Very good article that summarizes the international forces at play. 

It is disturbing the number of politicians, journalists, and of course developers who are still attempting to convince people that international money has nothing to do with our housing prices. 

The general public should use our democratic powers to un-elect such politicians, discredit the journalists, and better regulate the developers.  It is at their peril that they ignore the mounting outrage of the commodification of our cities.