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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: philv who wrote (65286)5/13/2022 6:09:40 PM
From: sea_urchin  Respond to of 80963
 
>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.