What? You think the people getting hit with this new tax are the "little people"? They will be scrambling for financing? Come on, they will just grab another bag of money and hand it over. These aren't Canadian families getting hit with the tax, it is foreign investors looknig for a place to dump cash where it won't loose value.
Man, my heart can't bleed fast enough for them. As I mentioned before, if they announced it and waited a few months to implement, it would have the affect of driving prices up faster and harming actual Canadians looking for homes.
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