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Old 07-05-2017, 07:21 PM   #393
snootchiebootchies
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Join Date: Jun 2009
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Quote:
Originally Posted by Zarley View Post
I doubt this law will have a material impact on housing as it's not easily enforceable.
No, not easily enforceable at all but the vast majority of immigrants will want to abide by the law, especially if they are permanent residents planning to achieve citizenship or if they are foreigners planning to apply for PR one day. These are high net-worth individuals we are talking about -- they are not going to break the law and risk a criminal record for an investment. Money is fungible.
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