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Reply to "Canada now bans foreigners from buying houses- should we do the same?"
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[quote=Anonymous]Canada just passed a law barring foreigners from owning houses. https://www.nytimes.com/2022/12/29/realestate/canada-bans-foreign-buyers.html Housing prices are so expensive which makes it difficult to enter the housing market. A substantial number of houses are bought with cash only. Many of those sales are from foreign buyers. Would housing be slightly more affordable if foreign buyers are barred from buying houses? [/quote]
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