Re:Vancouver house prices are falling
by toyg on Sunday February 05, 2017 @07:24AM
(#13572102)
Not exactly rich countries.
Let's face it, capital coming into the country to buy property is a Good Thing from an economic perspective. You "just" have to make sure this capital rewards low-income people as much as property owners. This tax is one way to do that, which I think is very good.
Let's face it, capital coming into the country to buy property is a Good Thing from an economic perspective. You "just" have to make sure this capital rewards low-income people as much as property owners. This tax is one way to do that, which I think is very good.