Former ambassador questions Chinese money in Canadian housing market: "In his new book Middle Power, Middle Kingdom, which critically analyzes Canada’s relationship with China, Mulroney devotes a chapter to the impact of China’s emerging class of super-wealthy individuals who are buying up real estate, especially in Toronto and Vancouver.
And he floats some potentially controversial solutions to deal with the downside of foreign money, including a special tax on non-residents and a requirement that foreigners be allowed to invest only in newly constructed housing."
'via Blog this'
And he floats some potentially controversial solutions to deal with the downside of foreign money, including a special tax on non-residents and a requirement that foreigners be allowed to invest only in newly constructed housing."
'via Blog this'
No comments:
Post a Comment