Lance_Castro
Gynephiliac
- Joined
- Oct 5, 2024
- Posts
- 5,105
That’s a much bigger issue in the USA, so for this thread you’re just wrong.Whats fucked up housing is people and especially corporations looking at housing as a way to make money not as a place to live. There, I fixed that for you.
In Canada there is Chinese money parked in Vancouver and Russian money parked in Toronto and some Montreal real estate.
Of course there’s Syrian, Turkish and Iranian money here, but Anti Money Laundering Rules are tighter in Canada and Interest Rates are lower than the USA so foreign cash hides here in smaller amounts, they say. ( who knows?)
Canada has boomers that are staying in their homes and working past 65. “ The Big Stay” is the main reason housing stock is tight… older couples living in all the family homes….along with low productivity in Canada’s construction sector. Really low. Look it up. I live in a huge house only because theres nothing newer smaller cooler in the better neighborhoods.
The stinky pakis are just taking the blame. And yes, they are smelly. They should take a fucking bath. We have lots of water here.
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