alphacyberranger@lemmy.world to World News@lemmy.worldEnglish · 1 year agoCanada likely sitting on the largest housing bubble of all time: Strategist - BNN Bloombergwww.bnnbloomberg.caexternal-linkmessage-square41fedilinkarrow-up1262arrow-down17cross-posted to: canada@lemmy.cajusttaxland@lemmy.world
arrow-up1255arrow-down1external-linkCanada likely sitting on the largest housing bubble of all time: Strategist - BNN Bloombergwww.bnnbloomberg.caalphacyberranger@lemmy.world to World News@lemmy.worldEnglish · 1 year agomessage-square41fedilinkcross-posted to: canada@lemmy.cajusttaxland@lemmy.world
minus-squareSelmafudd@lemmy.worldlinkfedilinkEnglisharrow-up9·1 year agoThen they just set up multiple holding companies. Need to lower the profit margin by increasing supply beyond demand, then even if every home is owned by a corp they still need to compete against each other to keep them all occupied and impose a tax for empty dwellings.
minus-squarePyr_Pressure@lemmy.calinkfedilinkEnglisharrow-up3·1 year agoNeed to restructure how property can be held then so random numbered companies can’t own anything.
Then they just set up multiple holding companies.
Need to lower the profit margin by increasing supply beyond demand, then even if every home is owned by a corp they still need to compete against each other to keep them all occupied and impose a tax for empty dwellings.
Need to restructure how property can be held then so random numbered companies can’t own anything.