3 ms·
> Foreign money is far more of a problem than foreign people. Maybe in the UK, but in Canada we have the same problems (larger by the looks of it) and our gove
by voisin 3y ago
> Foreign money is far more of a problem than foreign people.
Maybe in the UK, but in Canada we have the same problems (larger by the looks of it) and our government blocked foreign money with zero noticeable impact.
I think foreigners are a scapegoat for the cumulative impact of decades of bad government policy at all levels of government, including bad monetary policy.
- graemep 3y agoI think the UK is very different, London in particular. The most expensive parts of London the most: https://www.standard.co.uk/business/london-housing-market-forecast-overseas-ownership-b1094179.html https://www.standard.co.uk/business/london-housing-market-fo... Those numbers do not count the people who moved to the UK (mostly London) to avoid paying tax under "non-domiciled" exceptions which the government has promised to abolish next year. The main opposition party has endorsed this policy AFAIK so things should start changing from next year as far as those go.