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 woah on Thursday April 07, 2022 @07:50PM (#30951709)
Exactly. Corporations are buying houses because rents are high. Rents are not high because corporations are buying houses.

Rents are high because there are not enough houses on the rental market, because not enough houses are built.

[ Parent | on HN ]
Re:Canada to ban foreigners from buying homes by nawgz on Monday April 18, 2022 @05:23PM (#31076757)
You talk about supply and demand in your comments, and then somehow the idea that corporations controlling the supply lets them manipulate and ignore demand just goes over your head. Strange.
[ Parent | on HN ]