Re:Canada bans most foreigners from buying homes
by ChuckNorris89 on Wednesday January 04, 2023 @10:31AM
(#34246698)
That sounds like a huge fuckup on the government authorities that made this decision. Such mandates should give at least 5 years notice for owners to have time to upgrade their apartments.
Re:Canada bans most foreigners from buying homes
by bsaul on Wednesday January 04, 2023 @05:54PM
(#34253149)
Yes. But see, it’s coming from the same government that ended up closing the underwear section from supermarkets during covid « for sanitary reasons », or ended up forbidding drinking inside trains (that one lasted only for a few days, because it was too crazy even for them).
We now even have a word for the country they’re turning france into : Absurdistan.
- in 2019 a law was passed, scheduled for being in effect starting 2023
- in 2020 they changed the way the evaluation was performed. Instead or relying on energy bills, they decided to create a formula with a tons of parameters.
- in 2021 they realized the shity formula was overestimating consumption waayyy too much, making a lot more housing improper for renting than expected (people saw their mark going from « C » to « F » or even « G »). They adjusted it.
- in 2022, the new formula is still bogus, but nothing changed
As an example, i live in the best insulated appartment i’ve ever lived in Paris (lived there for 40 years). It’s rated G (the worst), simply because it’s on the top floor.
And here we are, in 2023, with the first batch of housing being unauthorized for rental.