SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Dutch Central Bank Sale Announcement Imminent?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: philv who wrote (65286)5/13/2022 6:09:40 PM
From: sea_urchin   of 80950
 
>Provincial govts. have been busy enacting legislation making it expensive for foreigners to buy housing.

Why I mention the Chinese is because they have been buying houses in Canada as a money-laundering operation for the wealthy and not because they needed the homes.

Hence the prices of houses reached unrealistic levels and made homes too expensive for Canadians who needed to stay there.

A similar situation pertains in Australia.

And now with the bitcoin price collapsing I would guess the Chinese money-launderers have a real problem on their hands.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext