Quote:
Originally Posted by originalhypa
I honestly can't see the Winnipeg or Saskatoon markets increasing like TO or the 604 did. Part of the allure of Vancouver and Toronto is that they're proper globally recognized cities. The Quebecois protect their society vehemently, so Montreal won't be an option. Victoria is looking at a foreign buyers tax too.
I honestly feel for the foreign money launderers. Without Australia, Canada or the US accepting their investments, where will they go?
j/k.
No fucks given for foreign investors. |
I don't mind the foreign investing. But, our government should be capitalizing on the $$ even further to the point of greed. Be business-like for once. The tax rates for foreigner-owned residential properties should be increased exponentially. We never had this tax revenue stream before, so there is nothing to lose.