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The same thing is happening here in Australia (foreign investment). Frankly, this might backfire for Trudeau, as yes housing prices are insane, but a lot of vot
by accountofme 5y ago
The same thing is happening here in Australia (foreign investment). Frankly, this might backfire for Trudeau, as yes housing prices are insane, but a lot of voters also own houses. Anything that could now cause prices to drop is seen as a negative and therefore will find voter backlash. Labor in Australia tried something similar at the last election with IIRC removal of negative gearing (tax cuts for investment properties), they lost.