2 ms·
Yup. It should be illegal for non US residents to buy residential property in the US, especially in areas of high demand like the West Coast cities. Vancouver,
by mnm1 8y ago
Yup. It should be illegal for non US residents to buy residential property in the US, especially in areas of high demand like the West Coast cities. Vancouver, BC implemented a tax which is somewhat helpful but clearly not enough. Land is a finite resource that's extremely valuable and selling it to foreigners for their vacation homes or investments is incredibly stupid. London is a place that's quickly learning this, although not doing anything about it. I wonder how bad it has to get until we change the laws. How many empty neighborhoods do we need to have before we reclaim the land for the people that actually live here? Probably a long time while the diversion is migrant workers crossing the Mexican border. It's amazing how stupid government and the people who support it can be.