78% of BC residents support banning foreigners from buying real estate

B00Mer

Keep Calm and Carry On
Sep 6, 2008
44,800
7,297
113
Rent Free in Your Head
www.getafteritmedia.com

bob the dog

Council Member
Aug 14, 2020
1,086
848
113
$69,000 for that one in Rainy River, Ont. Maybe less in Atikokan. Spend your day walleye fishing.
 

JLM

Hall of Fame Member
Nov 27, 2008
75,301
547
113
Vernon, B.C.
  • Like
Reactions: taxslave

Dixie Cup

Senate Member
Sep 16, 2006
5,693
3,570
113
Edmonton
No kidding. Obviously the clueless 78% have no problem with BC residents being banned from owning land in other countries as well. It would be interesting to know how many of them own timeshares in Mexico.
I suspect that most people who have time shares are getting rid of them. Why pay for something you can't use? We were going to winter in BC as the weather is better for him medically. Upon investigation, we found that we're considered "foreigners' so there was an additional 15% charge if we chose to buy. Needless to say, we're still here and have no intention of moving to BC anytime soon. Don't know if that's been changed. Didn't know BC was it's own little "fiefdom".
 
Last edited:
  • Like
Reactions: petros and taxslave

pgs

Hall of Fame Member
Nov 29, 2008
26,543
6,923
113
B.C.
I suspect that most people who have time shares are getting rid of them. Why pay for something you can't use? We were going to winter in BC as the weather is better for him medically. Upon investigation, we found that we're considered "foreigners' so there was an additional 15% charge if we chose to buy. Needless to say, we're still here and have no intention of moving to BC anytime soon. Don't know if that's been changed. Didn't know BC was it's own little "fiefdom".
It was supposed to try and slow down an ever rising market , but somehow turned into a cash cow . The only thing government bureaucrats know . How to fleece the golden goose .
 
  • Like
Reactions: taxslave

taxslave

Hall of Fame Member
Nov 25, 2008
36,362
4,336
113
Vancouver Island
I suspect that most people who have time shares are getting rid of them. Why pay for something you can't use? We were going to winter in BC as the weather is better for him medically. Upon investigation, we found that we're considered "foreigners' so there was an additional 15% charge if we chose to buy. Needless to say, we're still here and have no intention of moving to BC anytime soon. Don't know if that's been changed. Didn't know BC was it's own little "fiefdom".
AIn't socialism grand?
 
  • Like
Reactions: petros

Mowich

Hall of Fame Member
Dec 25, 2005
16,649
998
113
74
Eagle Creek
I suspect that most people who have time shares are getting rid of them. Why pay for something you can't use? We were going to winter in BC as the weather is better for him medically. Upon investigation, we found that we're considered "foreigners' so there was an additional 15% charge if we chose to buy. Needless to say, we're still here and have no intention of moving to BC anytime soon. Don't know if that's been changed. Didn't know BC was it's own little "fiefdom".
I'm moving back to Sask, Dixie. Done with BC forever. Happy to hear you didn't make the mistake of moving.
 
  • Sad
Reactions: taxslave

RachelGay1

New Member
Sep 15, 2020
2
0
1
It's terrible to see how much everything is getting more expensive after the wave of the pandemic. I can't even imagine how people live who have lost their jobs and are left without a stable income. I have a wife and a small child, and we were planning to buy a house this year, as we had been saving up for a long time and wanted to move to a new place. However, we were just shocked when we saw how expensive everything had become, especially buying a home. It's good that I was constantly looking for different options and services to purchase housing and found an excellent opportunity for townhouse for sale Philippines, which I will later acquire. I hope that each of you has not faced any problems caused by the economic crisis, as it brings a lot of stress
 

JLM

Hall of Fame Member
Nov 27, 2008
75,301
547
113
Vernon, B.C.
It's terrible to see how much everything is getting more expensive after the wave of the pandemic. I can't even imagine how people live who have lost their jobs and are left without a stable income. I have a wife and a small child, and we were planning to buy a house this year, as we had been saving up for a long time and wanted to move to a new place. However, we were just shocked when we saw how expensive everything had become, especially buying a home. It's good that I was constantly looking for different options and services to purchase housing and found an excellent opportunity for townhouse for sale Philippines, which I will later acquire. I hope that each of you has not faced any problems caused by the economic crisis, as it brings a lot of stress
There's one sure fix for that......................Gov't should impose a $20,000 surcharge + 10% of the purchase price! That should slow the bastards down!
 

taxslave

Hall of Fame Member
Nov 25, 2008
36,362
4,336
113
Vancouver Island
Foreign buyers account for less than 10% of house sales. Not really an issue. The other problem is that if we ban foreigners from buying in Canada other countries will reciprocate and ban Canadians from owning land in their countries.
The real problems with housing is mostly municipal bylaws and community plans. Along with a federal immigration policies that do not take into account places for all these people to live.
 
  • Like
Reactions: JLM

Jinentonix

Hall of Fame Member
Sep 6, 2015
10,607
5,250
113
Olympus Mons
Foreign buyers account for less than 10% of house sales. Not really an issue. The other problem is that if we ban foreigners from buying in Canada other countries will reciprocate and ban Canadians from owning land in their countries.
The real problems with housing is mostly municipal bylaws and community plans. Along with a federal immigration policies that do not take into account places for all these people to live.
No, the real problem with housing is Canada's reckless immigration system. We import hundreds of thousands of people every year, all of whom need housing. Are residential units being built to keep pace with immigration? I don't think so.
 
  • Like
Reactions: taxslave

pgs

Hall of Fame Member
Nov 29, 2008
26,543
6,923
113
B.C.
There's one sure fix for that......................Gov't should impose a $20,000 surcharge + 10% of the purchase price! That should slow the bastards down!
Why ? Do you think government don’t have enough to waste ?
 
  • Like
Reactions: taxslave