Message from @Fondboy

Discord ID: 625870252458377257


2019-09-24 01:34:35 UTC  

Oh look, something we agree on

2019-09-24 01:34:41 UTC  

but yeah, I meant on your body

2019-09-24 01:34:45 UTC  

Anyway unceph solved it

2019-09-24 01:34:49 UTC  

^

2019-09-24 01:35:07 UTC  

except the foreing investment yea I agree with him

2019-09-24 01:35:24 UTC  

Foreign investment is what is fucking BC housing the most

2019-09-24 01:35:33 UTC  

And it's also often laundered money

2019-09-24 01:35:36 UTC  

Here it's a combination of that and mental illness/drug use

2019-09-24 01:35:39 UTC  

Everyone should just appoint me God Emperor guys. I'll get it done.

2019-09-24 01:35:43 UTC  

Yeah, laundered renminbi

2019-09-24 01:37:50 UTC  

@Beemann how is it doing that?

2019-09-24 01:38:03 UTC  

what would be the difference if a rich Canadian owned it instead

2019-09-24 01:41:03 UTC  

The closer the geographical area, the smaller the available pool of speculators and therefore the less of any given housing stock can be held off the market.

2019-09-24 01:41:18 UTC  

the end result, as well

2019-09-24 01:41:47 UTC  

Once the property is sold, logic dictates it's more likely the profits will go into canadian hands

2019-09-24 01:42:01 UTC  

If it's to a foreign investor, well...

2019-09-24 01:42:26 UTC  

the only reason they bought that investment is because they had CAD they needed to use in Canada

2019-09-24 01:42:54 UTC  

I already said tax or make speculation illigal

2019-09-24 01:43:19 UTC  

You can't just ban speculation. Too many knock on effects.

2019-09-24 01:43:35 UTC  

But taxing foreign investors more heavily wouldn't be a bad option.

2019-09-24 01:44:56 UTC  

do you care if the houses are being rented out

2019-09-24 01:45:09 UTC  

No, that's a productive use.

2019-09-24 01:45:14 UTC  

ok

2019-09-24 01:48:09 UTC  

A rich Canadian would be spending and paying taxes here for one. For another, it reduces the number of rich people in the market

2019-09-24 01:48:31 UTC  

And no, they buy it because they launder money here lol

2019-09-24 01:49:05 UTC  

They use our casinos to process dirty money and then use that to buy property in a high value market

2019-09-24 01:50:50 UTC  

The issue will forcibly resolve itself eventually though, as people will just leave the GVRD

2019-09-24 01:51:21 UTC  

And they have been

2019-09-24 01:52:47 UTC  

The other thing about real estate is that if the locals decide to re-appropriate it, there's pretty much nothing foreign owners can do.

2019-09-24 01:54:52 UTC  

Jordan Petersons daughter is a legit HBB

2019-09-24 01:55:06 UTC  

Would give her 12 rules nahmsayn

2019-09-24 01:55:21 UTC  

HBB?

2019-09-24 01:55:45 UTC  

im so out of the loop on this

2019-09-24 01:56:41 UTC  

Heavenly Blessed Beauty

2019-09-24 01:57:13 UTC  

must be all the meat...😜

2019-09-24 01:57:24 UTC  

I disagree, I think she's cute, but not a stunner.

2019-09-24 01:57:45 UTC  

agree, not my type either

2019-09-24 01:57:56 UTC  

And she comes across as kind of dumb and boring in the little I've seen of her.

2019-09-24 01:58:07 UTC  

But that's fine, to each his own.

2019-09-24 01:58:25 UTC  

correct