However many foreigners will be punished as a result, even if their participatio... | Hacker News

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		nerdbert on Jan 3, 2023 \| parent \| context \| favorite \| on: Canada bans most foreigners from buying homes However many foreigners will be punished as a result, even if their participation in the housing market was going to be in good faith and aligned with the public interest. If the actual problem is vacant units, then punish vacancy. Failing to do that is admitting that xenophobia is easier than good policy.

notatoad on Jan 4, 2023 | [–]

if you are buying houses without residing in the country, your participation in the housing market is not in good faith.

there is no good reason to buy a house you don't plan to live in.

mattm on Jan 3, 2023 | [–]

> However many foreigners will be punished as a result

So what? That's the point. Locals are already being punished!

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