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A comment on Canada bans foreign home buyers for two years. Parent comment

Re:Canada bans foreign home buyers for two years by otterley on Tuesday April 19, 2022 @09:53AM (#31083101)
A 10% difference translates to a lot of money for a middle class homebuyer. That’s often enough to buy a new car.
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Re:Canada bans foreign home buyers for two years by cortesoft on Tuesday April 19, 2022 @10:12AM (#31083383)
A 10% difference here in Los Angeles would be enough to buy a house in many other parts of the country.
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Re:Canada bans foreign home buyers for two years by asdfasgasdgasdg on Tuesday April 19, 2022 @10:12AM (#31083394)
Yes that's obvious. Surely it's equally obvious that 10%, as an upper bound on the contribution of sealed bids to the problem, is not the main issue?
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Re:Canada bans foreign home buyers for two years by otterley on Tuesday April 19, 2022 @10:57AM (#31084002)
I would refrain from using the word “obvious” since many things we believe to obvious are non-obvious to others. Better to explain your point clearly and with greater detail.

The point I was making is that it’s too easy for us not to consider the implications to average or poor people of the proposals we make. It’s not that it’s the main point, but we also must not trivialize errors.

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