3 ms·
Government policy is a blunt instrument. Whatever the outcome of this post-fact political pandering, it won't be the desired outcome. Vancouver has a long his
by dade_ 10y ago
Government policy is a blunt instrument. Whatever the outcome of this post-fact political pandering, it won't be the desired outcome. Vancouver has a long history of speculation by the locals as much as anyone else. Mortgage debt is completely out of control, but people see it as safe or good debt. This could very well trigger a devastating collapse in market value and scare foreign investors from BC altogether, but I live at the other end of the country, so I mostly can just kick back and watch the fallout.