Re:Canada to ban foreigners from buying homes
by stjohnswarts on Thursday April 07, 2022 @03:02PM
(#30948939)
If you cut off foreign buyers then you absolutely will have cut out some competition for the purchase so I don'd see how you can possibly say what you're saying? I mean it's a basic economics principle.
[ Parent
| on HN ]
Re:Canada to ban foreigners from buying homes
by hello_moto on Thursday April 07, 2022 @03:54PM
(#30949594)
Might not move the needle.
Plus there are a few stories of rich int'l students eventually becoming PR holder and get their monies from parents.
Re:Canada to ban foreigners from buying homes
by chaostheory on Thursday April 07, 2022 @07:55PM
(#30951747)
Sure if someone wants it bad enough, they’ll jump through all the hoops. I feel that while deterrents aren’t full proof, they do their job of limiting the overall amount of undesired behavior.