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by Zod666
762 days ago
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Well, about a year ago he put a 2 year ban on foreigners purchasing homes. But his reason for doing this was housing market fluctuations due to COVID. Due to COVID?! The housing market has gone to insane levels. Certainly it's not all due to foreign buyers, but why as a citizen would I want to compete on the global market for our homes? The answer is I never want to complete globally for something that should sell locally. But government never wants to stand in the way of inflows of foreign money. Anyone I know with a home in Canada expresses the sentiment, 'thank god I got in when I did or I'd never own a home.'. And they're right, they shouldn't be, but they are. |
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