Quote:
Originally Posted by Canada 02
sure, but don't you think Asian Canadians would be bothered by a policy that restricted Asian investment? The people buying the property could be friends, relatives, family members of Canadian citizens. Also, Asian Canadians may have been in the same situation of wanting to invest in Canada prior to residing here or gaining citizenship
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I agree, and that's why I am a propagation of something like a 100% property tax on these people - if they really need/want the place, they can pay huge for it. If they don't actually need it, they'll likely bugger off somewhere else to inflate property values at the expense of residents of that area.