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That is by no means the entirety of the housing problem in Canada. Foreign ownership is a very small part of the Canadian housing market, and with no other meas
by ryanbrunner 5y ago
That is by no means the entirety of the housing problem in Canada. Foreign ownership is a very small part of the Canadian housing market, and with no other measures, Canadian investors will happily scoop up foreign owned properties. I doubt this by itself will make a significant dent in the market.
What we need is foreign ownership taxes / bans combined with heavy taxes on ownership of multiple single-family dwellings and townhouses.