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Mr.HappySilp · 04-19-2016, 11:31 AM

Christy Clark wont' dare to do anything will put a stop to the housing market. Most people who vote in this city are the retire or semi retire that relies on their properties to retire. If she does anything that controls the housing market she will lose a lot of vote.

So unless the voting patterns shift and you a ton of people form younger generation voting then Christy Clark might do something about it. Beside all gov cares is collecting revenue from you. Better housing market = higher housing price = higher property tax = more revenue for gov. There are tons of way the gov can do to lower the price of the housing market but they refuse to do anything. One way they can to is restrict any foreign investment to only allowing them to purchase property that's 4million or higher. This leave the local more chance to purchase regular house. We are not talking about just foreign buyers any fund that's foreign is consider as well so foreign investor can't really start up a local company and claims they are local. As long as the money use to make the purchase is from elsewhere is it foreign.

But since the foreign investors have already paid our gov they won't do a thing.

04-19-2016, 11:31 AM	#5814
Mr.HappySilp reads most threads with his pants around his ankles, especially in the Forced Induction forum. Join Date: Mar 2004 Location: Vancouver Posts: 10,645 Thanked 2,191 Times in 1,131 Posts Failed 929 Times in 340 Posts	Christy Clark wont' dare to do anything will put a stop to the housing market. Most people who vote in this city are the retire or semi retire that relies on their properties to retire. If she does anything that controls the housing market she will lose a lot of vote. So unless the voting patterns shift and you a ton of people form younger generation voting then Christy Clark might do something about it. Beside all gov cares is collecting revenue from you. Better housing market = higher housing price = higher property tax = more revenue for gov. There are tons of way the gov can do to lower the price of the housing market but they refuse to do anything. One way they can to is restrict any foreign investment to only allowing them to purchase property that's 4million or higher. This leave the local more chance to purchase regular house. We are not talking about just foreign buyers any fund that's foreign is consider as well so foreign investor can't really start up a local company and claims they are local. As long as the money use to make the purchase is from elsewhere is it foreign. But since the foreign investors have already paid our gov they won't do a thing.