Quote:
Originally Posted by Manic!
Canadian's do that same shit in places like Florida, Mexico and Portugal.
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All of those places have properties that are still “affordable” relative to local incomes.
You can’t buy a detached home in Kamloops for under 700k.
Many of them including Portugal and the US have many barriers to purchasing homes as a foreigner, whereas Canada let it ruin housing until hard data proved it needed to addressed.
Govt. at all leves was more than happy to let dirty money into the country until it became impossible to ignore. See: decades of money laundering through B.C. casinos.