Banning Foreign Investors From The Canadian Real Estate Market - Market Tuesdays EP 02
I am sure many of you have heard that Trudeau has released his budget a week or two ago and part of his plan is to Ban Foreign Investors from Buying Real Estate In Canada for 2 Years. Objective is to help keep the homes affordable for Canadian Citizens.
The Question is how much of an effect is this really going to be? Are Foreign Investors a Major Influence on Our Market or is This Just Another Political Play?
I answer my perspective and give you some interesting stats on this topic. Let me know your perspective once you have heard this episode.