News for hackers. Stuff that matters.

A comment on Billions in 'unknown' funds flowing into Canada's housing market [video]. Parent comment

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 ]