Canada bans foreign home buyers for two years

Re:Canada bans foreign home buyers for two years by WithinReason on Tuesday April 19, 2022 @08:34AM (#31082250)

I would use a Vickrey auction:

https://en.wikipedia.org/wiki/Vickrey_auction

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Re:Canada bans foreign home buyers for two years by __alexs on Tuesday April 19, 2022 @11:50AM (#31084775)

I think the issues with Vickrey auctions for houses is that a lot of buyers really have no idea what price they are willing to pay for a particular property. The open price auction format gives them a (weird and easily manipulated hint) at what price might be sensible for a particular home.

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Re:Canada bans foreign home buyers for two years by 1-more on Tuesday April 19, 2022 @09:43AM (#31082965)

This is how real time advertisement bidding is done.

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