Re:New Zealand to ban foreigners from buying existing houses
by gnopgnip on Thursday October 26, 2017 @08:33PM
(#15564566)
Toronto homes in certain neighborhoods lost nearly 25% compared their peak value in April. There were no restrictions on foreign investors.
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Re:New Zealand to ban foreigners from buying existing houses
by kitcar on Thursday October 26, 2017 @08:39PM
(#15564587)
To clarify for those not versed in Canadian tax policy, April is when the foreign investor tax was announced in Toronto: https://www.theguardian.com/world/2017/apr/20/toronto-foreig...