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 FredPret on Thursday April 07, 2022 @08:18PM (#30951915)
This, 100%. The rules can be whatever they are, but the participant with the most market power will always end up having the upper hand somehow
[ Parent | on HN ]
Re:Canada to ban foreigners from buying homes by throw82473751 on Friday April 08, 2022 @02:54AM (#30954074)
Sure! But still or even more then, wouldn't hurt to remove this intransparency aspect and what feels very unfair? Or what's the downside?
[ Parent | on HN ]
Re:Canada to ban foreigners from buying homes by atroche on Friday April 08, 2022 @04:25AM (#30954632)
There are costs to creating and enforcing regulation, and then more costs if it needs to be rolled back (say, if there are unforeseen downsides to it).
[ Parent | on HN ]
Re:Canada to ban foreigners from buying homes by bobabob on Friday April 08, 2022 @03:53AM (#30954426)
You're just arguing with sellers that's why. There's no downside for buyers.
[ Parent | on HN ]