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this post was submitted on 10 Dec 2023
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Ah yes, the true cause of the preposterous housing market… college students.
My point was about foreign investors avoiding the ban through international students
Foreign students that pay atleast twice the tuition that local students do. And also roll up in luxury vehicles. You think those students don't also have big expensive houses?
https://www.huffpost.com/archive/ca/entry/students-own-over-57m-worth-of-ritzy-vancouver-real-estate-say_n_12032930
They are either "students" or are being funded their parents. Either way they are complicit.
It kinda sounds like they are people living in their homes lol
I don’t see why I should care where they live so long as they’re actually living in the place. They obviously need a place to stay, shouldn’t be forced into renting, and I don’t know what would be accomplished by putting a cap on how nice of a place they can buy.
Edit:
$57M? So what, like 100 apartments, max?
Edit 2:
Oh okay so like 5 lol