Quote:
Originally Posted by misher
Foreign capital is a huge source of money in. Even if nothing gets done by the purchaser the seller, real estate agent, government all receive large sums that get spent and so on and so forth. Economics teaches us that each market activity leads to further activity like how water ripples from a rock you throw in.
|
The ripples from this bag of poo thrown in our water are growing homelessness and increased government expenditures to house working British Columbians who have been priced out of housing. I'd prefer my tax dollars to go towards things like medical care or transportation infrastructure rather than housing Canadians unnecessarily displaced by foreign money. You can take your violin down to the Ferrari dealership and weep for the lost jobs.
Threaded Mode