Restrictions would limit the ability of non-citizens to buy homes, aiming to keep housing prices affordable for local residents. Proponents argue that it helps maintain affordable housing for locals and prevents property speculation. Opponents argue that it deters foreign investment and can negatively impact the housing market.
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@9TVPNXW7mos7MO
they should set a limit on the amount of land or properties a foreign investor can own
@B4YKRQF5 days5D
Little bit sketchy. Look into them before allowing. Not complete no, but some background info as to why
@B4RSNRN2wks2W
We need foreign investment, perhaps this needs to be tightly monitored for a couple years but in the long term no.
@B4PPBZN2wks2W
Restrict, or at least be heavily examined for money laundering, and be heavily taxed if not occupied.
@B4MZCRF2wks2W
yes and investigate the multiple home owners, including investigations to any potential slumlords (this should apply to any multiple home owners).
@B4LW25G3wks3W
I have two opinion's. 1. My boyfriend is a pipe layer. he tells two things 1. The foreign investors are good but they dont understand the dynamics and budget and make everything cheaper, materials and just cut costs of quality for quantity. and then they jack the rent. theyll take over places in bad condition renovate a few things then, they jack rent and extra 400-800 dollers a month. and its leading to the vancouver and Toronto like prices. on the other side of things its good because it brings money and work. creates homes.
@9RXWPMM9mos9MO
Yes, and ban all foreign investors from buying residential property
@9RGCB9P9mos9MO
Yes but not fully restrict. Just add restrictions.
@9RD5G379mos9MO
Have a fairly steep non-resident tax for people who do not live in Canada
Restrict buying of residential properties by all investors
@B3K9X782mos2MO
In this case, if it is done through creating problems and using illegal methods, then the government should restrict it based on the situation because it would harm the economy but there should also be monitoring by a single operation because too many hands on a single problem would cause a problem to spiral without fixing any issues.
@B278T224mos4MO
It should be free for legal immigrants, but it should be prohibited or restricted for foreign traders
@9ZNZZY85mos5MO
Residential and rental properties should only be owned by Canadian residents, using Canadian banks for credit.
This is not a yes or no situation, as some foreign investment is necessary it should be regulated.
Yes, but buy a vacancy tax, if they want to leave it empty they can pay
@9TTDYHC7mos7MO
Quit focusing on foreign buyers and focus on corporate investments
@9TC7PPGConservative8mos8MO
Yes, but perhaps the government should add vacancy taxes to foreigners until they are permanent residents.
@9T7CJZ68mos8MO
It doesn't need to be restricted but regulated better
@9T35SNQ8mos8MO
Ban foreign investors from buying residential property in Canada.
@B2ZSZNS3mos3MO
No, but add a significant "foreign buyers tax" to the purcahse price and a significant "vacancy tax" if the property remains vacant,
@B29ZVFC4mos4MO
If the domestic people have problem with purchasing a house, I think it's necessary for government to restrict it.
@9WYDMSD6mos6MO
Yes, no foreigner should be allowed to own property nevermind foreign investors who are causing our housing crisis with their speculation.
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