Re:Canada bans foreign home buyers for two years
by bombcar on Tuesday April 19, 2022 @11:11AM
(#31084216)
Technically you just need construction to outstrip people looking for homes.
One of the problems is people can move quite quickly from one side of a country to another, it's a matter of weeks. But from empty lot to new house is a matter of months at best, years at worst.
Re:Canada bans foreign home buyers for two years
by usrn on Tuesday April 19, 2022 @11:58AM
(#31084923)
Immigration must be limited to the degree that construction can happen. Because it can be raised almost to an arbitrarily high degree it's very easy to overwhelm domestic home production.
One of the problems is people can move quite quickly from one side of a country to another, it's a matter of weeks. But from empty lot to new house is a matter of months at best, years at worst.