StreetHawk
Registered User
- Sep 30, 2017
- 26,388
- 9,862
That and it was also the aftermath of the financial crisis where banks lowered interest rates to basically nothing to stimulate the economy, plus low supply and increasing demand.The simple way to fix housing issues is to make it so that Canadian property can only be owned by Canadian citizens.
15% of Vancouver housing is empty because it's owned by foreigners living abroad. It's insane. We've let foreign demand price our own citizens out of housing and then there isn't enough housing for people even to rent affordably because such an obscene amount of property is sitting empty.
Anyway, the Coyotes are a joke and so is the fact that the NHL hasn't fixed the LTIR cheating debacle and Vegas is being allowed to do this yet again.