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Most governments would do anything for foreign direct investment. From many points of view, having foreign investors buy property without immigrating is a best
by mytailorisrich 3y ago
Most governments would do anything for foreign direct investment.
From many points of view, having foreign investors buy property without immigrating is a best case scenario for governments.
- ericmcer 3y agoIn the long run (30+ years from now)? Or just for the few years they are in office?
- mytailorisrich 3y agoI think probably in the long run because, all in all, net inbound capital into the economy is positive in the long run. What can cause problems is bubbles and 'over-heating', meaning too much over a too short period, which is when 'less' inbound capital may be sought. But overall best to keep the flow positive.
- againdot 3y agoThen that's fantastic! Since housing has come so unaffordable in Canada I'm looking at moving to Japan. I'm seeing detached houses 60m transit from Tokyo for less than a down payment on a condo 60m from Vancouver. So if I buy a place there and move, it's win/win for everyone!