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Old 01-24-2023, 10:15 AM   #3
SutterBrother
First Line Centre
 
Join Date: Sep 2021
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The first two of these I read were of a Chinese woman who owned a million dollar apartment, but is living in China (so it's vacant) and of a couple who "left Canada for work".

This feels symptomatic of foreign wealth using real estate in Canada as an investment, and driving regular Canadians out of the market in places like Toronto and Vancouver.

They are victims no doubt, and didn't deserve this. But perhaps if you lived in your home, this sort of fraud would be less likely to occur?

Is the solution simply occupancy?
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