alphacyberranger@lemmy.world to World News@lemmy.worldEnglish · 2 years agoCanada likely sitting on the largest housing bubble of all time: Strategist - BNN Bloombergwww.bnnbloomberg.caexternal-linkmessage-square41fedilinkarrow-up1277arrow-down18cross-posted to: [email protected][email protected][email protected]
arrow-up1269arrow-down1external-linkCanada likely sitting on the largest housing bubble of all time: Strategist - BNN Bloombergwww.bnnbloomberg.caalphacyberranger@lemmy.world to World News@lemmy.worldEnglish · 2 years agomessage-square41fedilinkcross-posted to: [email protected][email protected][email protected]
minus-squareSelmafudd@lemmy.worldlinkfedilinkEnglisharrow-up12·2 years 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-up3·2 years 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.