Billions in 'unknown' funds flowing into Canada's housing market [video]

Re:Billions in 'unknown' funds flowing into Canada's housing... by imtringued on Friday July 30, 2021 @08:36AM (#28007277)

It's always funny how people come up with increasingly convoluted solutions to a simple problem because they don't want the simple solution. I honestly don't see how this is going to solve the problem. You're just making it harder to express the problem but it is still there.

[ Parent | on HN ]

Re:Billions in 'unknown' funds flowing into Canada's housing... by yardstick on Friday July 30, 2021 @09:27AM (#28007716)

I’ll bite: what’s the simple solution?

[ Parent | on HN ]

Re:Billions in 'unknown' funds flowing into Canada's housing... by Nelkins on Friday July 30, 2021 @11:59AM (#28009379)

Make housing abundant by building more of it, like we used to.

[ Parent | on HN ]

Re:Billions in 'unknown' funds flowing into Canada's housing... by yardstick on Friday July 30, 2021 @03:02PM (#28011150)

It’ll be snapped up by all the landlords who have had years of profit taking to build up cash reserves to buy additional stock at a premium. That’s what is happening now.

[ Parent | on HN ]

Re:Billions in 'unknown' funds flowing into Canada's housing... by dudzik on Friday August 06, 2021 @03:08PM (#28091559)

Let them. This would increase competition and drive down the rent. Making it less lucrative to own property.

[ Parent | on HN ]