Canada bans foreign home buyers for two years

Re:Canada bans foreign home buyers for two years by usrn on Tuesday April 19, 2022 @08:55AM (#31082456)

They'll just restructure it so each house (or small group of houses) is held by smaller corporations or other entities. In fact even smallish landlords already do that now but I think it's because credit gets cheaper that way rather than for taxes.

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Re:Canada bans foreign home buyers for two years by libertine on Tuesday April 19, 2022 @08:59AM (#31082492)

Those structures exist because they're allowed to exist, nowadays it's pretty easy to link those structures if governments wanted.

Try to dodge some IRS stuff and you'll see how efficient the government is.

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Re:Canada bans foreign home buyers for two years by usrn on Tuesday April 19, 2022 @09:03AM (#31082523)

I think you underestimate what wealthy people and corporations will do to dodge taxes.

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