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In what world are "temporary" foreign workers buying homes in Canada? With what salary? Same with Refugees, students. Funny how in the first hundred years in C
by MAGZine 4y ago
In what world are "temporary" foreign workers buying homes in Canada? With what salary? Same with Refugees, students.
Funny how in the first hundred years in Canada, we didn't have any issue with housing costs, despite accepting vast amounts of refugees. I'm not saying it's not making the problem worse, but to SOLELY pin it on them is IMO willful ignorance.
if we banned all immigrants, of any kind, tomorrow, would Canada's housing prices collapse? I'd suspect not: credit is still cheap, and every day canadians still want homes.
- itsoktocry 4y ago>Same with Refugees, students. There are Twitter accounts dedicated to calling out multi-million dollar homes in Vancouver and Toronto, owned by "students".
- MAGZine 4y agoAre you saying that Canada's housing crisis are caused by these individuals?
- chaostheory 4y agoIf you're referring to mainland Chinese people, China has banned capital outflows in the last two years. It's so bad and strict that mainland Chinese people are freaking out that they can't move their own money outside of China. Game's changed. Wrong scapegoat. https://www.scmp.com/economy/china-economy/article/3012312/chinas-capital-outflow-controls-have-gone-extreme-former https://www.scmp.com/economy/china-economy/article/3012312/c...
- dukeofdoom 4y agoIn the real world! There's enough rich people in the world, that some of them send their kids to Canada for school. And some of them buy houses. Why does near every American assume that everyone outside of America is poor.
- MAGZine 4y agoI'm Canadian, but thanks.
- deleted 4y ago[deleted]
- tomc1985 4y agoIf you pour water into a bathtub it will handle all the water... until it can't, and then it overflows
- freeone3000 4y agoTemporary Foreign Workers is everyone with a work permit for their first three years (or longer!) regardless of qualifications -- NAFTA means doctors, engineers, and software developers are TFWs for a few years at least until/unless they apply for permanent residency. The idea that they are somehow less wealthy than the average immigrant is incorrect. So to answer "with what salary?": The one from their jobs.
- MAGZine 4y agoThis is factually incorrect. NAFTA workers--TN visas--are not part of the the TFW program, which is something entirely different and requires market assessment impacts. https://www.canada.ca/en/employment-social-development/programs/temporary-foreign-worker.html https://www.canada.ca/en/employment-social-development/progr...
- freeone3000 4y agoMy residence status for three years under NAFTA was Temporary Foreign Worker. I still have the paper permit. I was exempt from a labor market opinion but all other requirements, such as a single employer sponsor, applied until permanent residency.