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A comment on "Fake Chinese income" mortgages fuel Toronto real estate bubble: HSBC bank leaks. Parent comment

Re:"Fake Chinese income" mortgages fuel Toronto real estate ... by techbro92 on Tuesday February 06, 2024 @07:33PM (#39282966)
This is not an inherent feature of capitalism. This is a failure of the government to create a fair market. This is caused by people that are subverting the rules to out compete the people playing by the rules.
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Re:"Fake Chinese income" mortgages fuel Toronto real estate ... by yukkuri on Tuesday February 06, 2024 @08:11PM (#39283219)
Tell that to the capitalists always protesting that there's no need for regulations
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Re:"Fake Chinese income" mortgages fuel Toronto real estate ... by porknubbins on Tuesday February 06, 2024 @11:50PM (#39284623)
I have seen a lot that smaller, high trust places where people worry about long term reputation, status etc are not good at competing with large immigrant populations who do not have any stake in maintaining a reputation in the community.
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