3 ms·
I think we’re largely aligned here. As I said elsewhere in this thread, I’m very open to restrictions on foreign purchases of residences. And I totally agree wi
by toasterlovin 9y ago
I think we’re largely aligned here. As I said elsewhere in this thread, I’m very open to restrictions on foreign purchases of residences. And I totally agree with your remarks about charges of racism being used to shut down valid complaints about a government not privileging the interests of its own citizens over citizens of other countries.
I am a little more optimistic about things in general, though, for a couple of reasons:
1. I think Canada has a serious construction policy problem. My wife is from Langley, BC (we were just there over the Easter weekend). There is tons of land available to build on in BC. It’s incredulous that housing costs are so high with so much undeveloped land.
2. All it takes is a crash to flush all the investors out of the housing market.