Darkshade Forum

General Category => News => Topic started by: diddly on April 19, 2022, 04:41:36 PM

Title: Two Year Ban on Foreign Buyers
Post by: diddly on April 19, 2022, 04:41:36 PM

In an effort to calm soaring house prices, Canada has banned foreign buyers for two years (https://www.azfamily.com/2022/04/18/canada-bans-foreign-home-buyers-two-years-cool-market/).  Now, apparently foreign purchases account for only 3.4% (https://globalnews.ca/news/8721782/ontario-foreign-buyers-tax-unlikely-quell-market-experts/) of property buyers, so will this change make much difference?