Re:"Fake Chinese income" mortgages fuel Toronto real estate ...
by ericmcer on Tuesday February 06, 2024 @02:02PM
(#39278902)
In the long run (30+ years from now)? Or just for the few years they are in office?
[ Parent
| on HN ]
Re:"Fake Chinese income" mortgages fuel Toronto real estate ...
by mytailorisrich on Tuesday February 06, 2024 @02:45PM
(#39279511)
I think probably in the long run because, all in all, net inbound capital into the economy is positive in the long run. What can cause problems is bubbles and 'over-heating', meaning too much over a too short period, which is when 'less' inbound capital may be sought. But overall best to keep the flow positive.