Quote:
Originally Posted by _Q_
I want to see the government grow some balls and just do something drastic. Make it straight up illegal to own a home if you're not a Canadian citizen or permanent resident. Any current property that's owned by a foreigner has a one year grace period, then tax it at 25% of the property value per year.
Canadian homes should be for Canadians.
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That would be suicide for any government to do that so they won't. It is why the Liberals are looking for a way to stop house prices sliding now. I think whatever government is in power for a housing market tank will be shown the door. Also, are we going to stop all inflows of foreign investment capital?