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People in the know will game the system, poor will suffer, as always. If you only can own one house, how companies who build and sell them can operate? If we m

• danlugo92 3y ago
  > all companies become builders Require "ultimate beneficiary" disclosure (easy for the government to do), require this ultimate beneficiary to have the equivalent of a SSN. Or, for foreigners (if you still want to allow that...), have a "vouching" system where 1 Canada national (holder of whatever the SSN equivalent is) to sponsor up to N non-Canadians, cap N. The sponsor can be a Canadian lawyer or notary signing on behalf of "Chinese person #18940" but they would still be capped at N. Not sure if this works or not, but there's also a distinctive refusal of average Joe go live in the country you know, so that also drives up the demand for real state near cities as opposed to the vast available land area Canada (or the US) occupies. All of this could be applied in the US as well, they already do it with bank accounts for what it's worth, look it up...