News for hackers. Stuff that matters.

A comment on Canada to ban foreigners from buying homes. Parent comment

Re:Canada to ban foreigners from buying homes by workaccount21 on Thursday April 07, 2022 @06:23PM (#30951052)
I refuse to get into an argument that I know will turn out to be emotional so I'm just going to skip to the last point.

>Let’s say we put a huge tax on all real estate that isn’t a primary residence

Because cottages are a traditional part of life here and real estate is one of the only ways to make real money for someone with some capital in the middle class.

[ Parent | on HN ]
Re:Canada to ban foreigners from buying homes by VincentEvans on Friday April 08, 2022 @10:28AM (#30957219)
I am not sure what you are afraid of since every reply seems to narrow the gap in our differences of opinion.

At what point cottages cease to be “way to make real money with some capital in the middle class” and we firmly enter the territory of “make a buck while fuck everyone else”? One or two is probably the former. 80,000 properties we all probably agree is the latter.

[ Parent | on HN ]