Quote:
Originally Posted by CroFlames
Typical money grab by the BC government.
They aren't interested at all in curbing the influx. They just want in on it.
Now only the elitist of the elite will be sending their kids to UBC and SFU. That will really help the situation.
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For the past few years, everyone has been saying that some kind of tax needs to be implemented on foreign investment in real estate for Vancouver.
They just did that, and you guys still find a reason to complain. This is literally one of those damned if you do, damned if you don't moments
What do you propose they do then?
This "cash grab" is revenue for the province. Regardless of how people judge the BC govt's capability of being fiscally responsible, this tax still adds more value to BC as a whole than if it weren't implemented.