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Canada Syndrome?

Oct. 11, 2021, 11:27 a.m.
Posts: 3834
Joined: May 23, 2006

Posted by: Fast-Orange

Posted by: aShogunNamedMarcus

Posted by: ReductiMat

This is probably a stretch, but hear me out.

Maybe we should have a federal beneficial ownership registry to see who is really buying our housing stock... and not a bullshit one, like an actual, "We will take it away from you if you lie" type one.

If we allow anyone from anywhere to buy our housing stock we need to accept that those living there will never be able to buy in.

That type of policy is very expensive when it comes to civil unrest.

That'd be a good second step after we limit foreign investment in RE.

They banned foreign ownership in New Zealand. It did fuck all to help

The owning classes know no boundries.

Oct. 11, 2021, 11:37 a.m.
Posts: 13526
Joined: Jan. 27, 2003

Posted by: tungsten

Posted by: Fast-Orange

Posted by: aShogunNamedMarcus

Posted by: ReductiMat

This is probably a stretch, but hear me out.

Maybe we should have a federal beneficial ownership registry to see who is really buying our housing stock... and not a bullshit one, like an actual, "We will take it away from you if you lie" type one.

If we allow anyone from anywhere to buy our housing stock we need to accept that those living there will never be able to buy in.

That type of policy is very expensive when it comes to civil unrest.

That'd be a good second step after we limit foreign investment in RE.

They banned foreign ownership in New Zealand. It did fuck all to help

The owning classes know no boundries.

The whole rich foreigners are why you can't buy a house narrative was a pretty good distraction I'll give em that. 

Got us all mad at the dirty evil rich chinese without asking why our government was doing nothing to prevent houses being used as investment vehicles to the detriment of society at large.

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