this post was submitted on 12 Jan 2025
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[โ€“] [email protected] 3 points 1 week ago* (last edited 1 week ago) (1 children)

You thought wrong.

Foreign home ownership makes up a relatively small part of our housing market. Focus on it is mostly a misdirection from the real causes of our cost-of-living problem which is home grown housing speculation and lack of investment in social housing. And even were foreign home ownership occurring at a problematic rate, that's nothing in comparison to annexation of a country.

[โ€“] [email protected] 1 points 1 week ago

Dunno. Vancouver's pretty fucked for housing and that's got 6.2% foreign ownership rate. I wouldn't mind being able to have a shot at affording a home in my city.

It's not the ONLY reason housing is fucked but 6.2% isn't nothing.