Quote:
Originally Posted by CliffFletcher
It's nothing to do with pandering to the wishes of foreigners. There are some Canadians making piles of money off this. That's why it's been allowed to persist for so long.
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I think it has some to do with pandering to foreigners otherwise Canada would block foreign investment altogether for protectionist measures to help all Canadians, not just a few or some that get the inherent benefit from higher property value.
And remember, debt is at record highs.