Quote:
Originally Posted by Cecil Terwilliger
Geez sounds like a society where only the rich own property and the rest pay them to live in perpetual servitude. Are we trying to emulate medieval Europe?
Also sounds like a great way to massively drive up house prices due to “low supply”, when really the issue is that speculators are buying up all the houses to price out your average middle class family.
Well good thing we don’t have to worry about that. No problems like that here or in other countries with out of control real estate markets.
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I have no idea how my children will afford a house. There has to be regulation and laws put in place restricting foreign speculators making it impossible for Canadians to afford their own home.