In a country with some of the world’s most expensive real estate, Prime Minister Justin Trudeau’s government wants housing to become more affordable.
In a country with some of the world’s most expensive real estate, Prime Minister Justin Trudeau’s government wants housing to become more affordable.
It is definitely still happening here in Canada, as you described. we have friends renting basements suites, while mainland China owner has the mainhouse as an owner/" resident", but have not actually lived in their home for two years. some homes are just totally vacant with weeds growing up through the entrances. Vancouver added a foreighn buyer tax to slow this down, but it hasn’t stopped it, and vacancy tax does nothing because the offshore owner just has a friend or property management company deal with the mailed letters and fake the reporting