Yup, it will definitely take over if not eradicated. I once had a local commercial grower (who's no longer in business) try to tell me (quite seriously) that a large potted cymbidium he was trying to sell, whose pot was overrun with oxalis, was simply sporting an exotic ground cover that actually helped beautify the cymbidium. I tried to maintain my best poker face, but it was hard not to inform him that the same "exotic" species of groundcover was also beautifying large areas of my back yard. Whatever you do, get rid of it before it flowers and sets seed.
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