Re:Canadian property bubble nears systemic failure
by Waterluvian on Sunday March 28, 2021 @06:39PM
(#26615441)
Some regions are implementing various taxes on foreign buyers or penalizing those who don't occupy whay they buy.
The thing about Canada is that we seem to take everything slower and more moderately. To put simply, we're like American policy put through a low pass filter, smoothing down the extremes.
Should we be more protectionist? Probably. Will we do so? Probably. Will we rush to implement significant and severe new policy? Probably not.
The thing about Canada is that we seem to take everything slower and more moderately. To put simply, we're like American policy put through a low pass filter, smoothing down the extremes.
Should we be more protectionist? Probably. Will we do so? Probably. Will we rush to implement significant and severe new policy? Probably not.