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Started By
Message
re: Canada bans foreigners from home purchases, high taxes if you sell within a year
Posted on 4/9/22 at 10:56 am to TigerintheNO
Posted on 4/9/22 at 10:56 am to TigerintheNO
Personally I don’t think foreign nationals should be able to buy private property in the US unless they e lived and worked here for a certain designated time period. At least a few years
Foreign Business buying commercial property and employing Americans is different.
Foreign Business buying commercial property and employing Americans is different.
0
Posted on 4/9/22 at 10:57 am to TigerintheNO
Some municipalities have made some stipulations on buying homes to stop the cash investment buyers. Think Franklin, TN has done this.
Posted on 4/9/22 at 11:02 am to TigerintheNO
Posted on 4/9/22 at 11:04 am to Abstract Queso Dip
The average market time for real estate locally is 5 days. Its not locals that are buying, people are competing vs corporations and investors. Makes you wonder what's on the horizon, and what they do know.
Posted on 4/9/22 at 11:06 am to RogerTheShrubber
quote:
Chinese have been gobbling up Vancouver.
bingo, not enough of it in the US to move the needle on a macro level.
Posted on 4/9/22 at 11:56 am to WhereisAtlanta
quote:
bingo, not enough of it in the US to move the needle on a macro level.
Mostly in San Francisco, Los Angeles, Seattle, New York, and Chicago.
Not as much of it in other places.
Posted on 4/9/22 at 11:59 am to goofball
I wish Texas would ban Californians from buying houses
Posted on 4/9/22 at 12:00 pm to goofball
quote:
There are a shite load of new mid rise residential buildings all over Toronto. It just doesn't make sense. The growth rate there just isn't that strong.
Yah, been like that a while. Costs of commercial real estate there is unreal. Hell, the average residential home in the city is over 800k.
Posted on 4/9/22 at 12:01 pm to TigerintheNO
quote:
its communist China buying all the houses in Vancouver
I think the better argument would be: Is Trudueu curbing the free range of capitalism?
-or-
Are globalists exploiting a pseudo-Capitalist system?
Posted on 4/9/22 at 12:15 pm to TigerintheNO
quote:
its communist China buying all the houses in Vancouver
According to my nephew in CA, the Chinese are buying up all the properties being vacated for Austin, Nashville, etc.
Posted on 4/9/22 at 12:16 pm to yaboidarrell
quote:
Needs to be done here too.
Isn't hedge funds buying just as big issue
Posted on 4/9/22 at 12:51 pm to upgrayedd
quote:I do too. My wife immigrated here from Venezuela and got teary eyed when she visited her first HEB store and brought jarred spaghetti sauce.
This is why I find it hilarious that liberals in this country bitch about how this is the most oppressive place on earth when it comes to immigration and foreigners.
Posted on 4/9/22 at 2:47 pm to jlovel7
quote:except for what it’s doing to the planet in terms of greenhouse gas emissions and water usage
Single family housing zones is one of the greatest inventions of all time.
This post was edited on 4/9/22 at 2:50 pm
Posted on 4/9/22 at 2:49 pm to chalmetteowl
quote:
except for what it’s doing to the planet
I'm sure all of the climate alarmists live in Soviet bloc housing
Posted on 4/9/22 at 3:11 pm to yaboidarrell
quote:
Needs to be done here too.
The democrats will cry racist.
Posted on 4/9/22 at 3:14 pm to chalmetteowl
quote:
except for what it’s doing to the planet in terms of greenhouse gas emissions and water usage
The fact that it doesn’t have a shared wall doesn’t translate into excessive water usage or emissions in of itself over a duplex or triplex, despite what the “you will own nothing” crowd insists.
This post was edited on 4/9/22 at 3:17 pm
Posted on 4/9/22 at 3:43 pm to Turf Taint
quote:
Capitalists, what do you think?
Friedman waving an invisible finger at Trudeau?
or
Capitalism's free range must be contained?
I think there is a time and place to act practically instead of purely ideologically
Posted on 4/9/22 at 4:36 pm to chalmetteowl
quote:
Single family housing zones is one of the greatest inventions of all time. except for what it’s doing to the planet in terms of greenhouse gas emissions and water usage
We should all go back to being dirt farmers.
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