Re:Canada bans most foreigners from buying homes
by zaphirplane on Tuesday January 03, 2023 @03:23AM
(#34229150)
Perhaps because like everything that appears simple it’s complicated.
Having a large number of new dwelling requires an infrastructure to support the people. The growth in housing rate needs to match the rate of infra growth
A large influx of properties will affect the property market which will affect the industries that affect the housing industry and the consumer confidence and wipe out retirement funds
With all due respect and not in anyway being rude, Is this fundamentally different from Saying let’s print more money and give it away to people (directly or indirectly)
A large influx of properties will affect the property market which will affect the industries that affect the housing industry and the consumer confidence and wipe out retirement funds
With all due respect and not in anyway being rude, Is this fundamentally different from Saying let’s print more money and give it away to people (directly or indirectly)