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The supply is local, the demand not necessarily so. Hence Vancouver's recent tax on foreign buyers.
by PakG1 8y ago
The supply is local, the demand not necessarily so. Hence Vancouver's recent tax on foreign buyers.
- commaone 8y agoI'd venture to say this should get more attention than it does. Real estate was local. Glass-steagal (sp?) changed who is valuing the property and from where. Putting pressure on home values based on skewed national or international perspectives that are completely non-local.