Re:Whitby residents vote in favour of ending second home own...
by sidlls on Wednesday June 15, 2022 @10:15AM
(#31753229)
Regulations can be made that prohibit ownership of residential properties by companies with certain structures, require that these companies list the true beneficial owner(s), etc.
There will always be loopholes and attempts to find them, but that shouldn't necessarily be a deterrent to taking action.
About 70% of my investment income comes through indirect and direct ownership of residential and commercial property. It's just too easy for the wealthy to come in and buy up properties to price others out.
There will always be loopholes and attempts to find them, but that shouldn't necessarily be a deterrent to taking action.
About 70% of my investment income comes through indirect and direct ownership of residential and commercial property. It's just too easy for the wealthy to come in and buy up properties to price others out.