Re:Canada to ban foreigners from buying homes
by ryan93 on Thursday April 07, 2022 @02:12PM
(#30948279)
How does your theory explain the difference in housing prices between San Francisco and Lubbock?
[ Parent
| on HN ]
Re:Canada to ban foreigners from buying homes
by bdcravens on Thursday April 07, 2022 @02:21PM
(#30948396)
The "theory" relates to increase over time for a single location, not differences between 2 locations at a single point in time. But to stick to your example, investors are more likely to flock to a location with greater returns. At the same time, Lubbock hasn't exactly remained stagnant.