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Why Canada's ban on foreign buyers hasn't made homes more affordable (www.cbc.ca)

submitted 8 months ago by [email protected] to c/[email protected]

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[–] [email protected] 22 points 8 months ago (4 children)

Of course it didn't.

Foreign ownership and immigration were always just distractions.

They sound good, seem to make sense, and the people they are meant to mislead will never look deeper than that.

It took less than 10 minutes on Google to determine that neither of these were significant factors.

[–] [email protected] 4 points 8 months ago

It's silly to point to the data on % of buys from foreign buyers because foreign buyers don't buy as foreign buyers, they buy through companies or children that they sent here as a student.

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