▲ 848 ▼ Australia to triple fees on foreigners buying existing homes, penalise them if they leave properties empty (www.scmp.com) submitted 2 years ago by filoria@lemmy.ml to c/world@lemmy.world 64 comments fedilink hide all child comments
[–] tleb@lemmy.ca 12 points 2 years ago (1 child) Temp residents, including students, also aren't included in the temporary ban which makes it basically useless permalink fedilink source parent hideshow 2 child comments replies: [–] QuaternionsRock@lemmy.world 16 points 2 years ago (2 children) Ah yes, the true cause of the preposterous housing market… college students. permalink fedilink source parent hideshow 4 child comments replies: [–] tleb@lemmy.ca 8 points 2 years ago My point was about foreign investors avoiding the ban through international students permalink fedilink source parent [–] Magrath@lemmy.ca 4 points 2 years ago (1 child) 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. permalink fedilink source parent hideshow 2 child comments replies: [–] QuaternionsRock@lemmy.world 4 points 2 years ago* 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: Students Own Over $57M Worth Of Ritzy Vancouver Real Estate $57M? So what, like 100 apartments, max? Edit 2: The least expensive home was $1.85 million, while the priciest came in at $31.1 million. Oh okay so like 5 lol permalink fedilink source parent
[–] QuaternionsRock@lemmy.world 16 points 2 years ago (2 children) Ah yes, the true cause of the preposterous housing market… college students. permalink fedilink source parent hideshow 4 child comments replies: [–] tleb@lemmy.ca 8 points 2 years ago My point was about foreign investors avoiding the ban through international students permalink fedilink source parent [–] Magrath@lemmy.ca 4 points 2 years ago (1 child) 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. permalink fedilink source parent hideshow 2 child comments replies: [–] QuaternionsRock@lemmy.world 4 points 2 years ago* 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: Students Own Over $57M Worth Of Ritzy Vancouver Real Estate $57M? So what, like 100 apartments, max? Edit 2: The least expensive home was $1.85 million, while the priciest came in at $31.1 million. Oh okay so like 5 lol permalink fedilink source parent
[–] tleb@lemmy.ca 8 points 2 years ago My point was about foreign investors avoiding the ban through international students permalink fedilink source parent
[–] Magrath@lemmy.ca 4 points 2 years ago (1 child) 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. permalink fedilink source parent hideshow 2 child comments replies: [–] QuaternionsRock@lemmy.world 4 points 2 years ago* 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: Students Own Over $57M Worth Of Ritzy Vancouver Real Estate $57M? So what, like 100 apartments, max? Edit 2: The least expensive home was $1.85 million, while the priciest came in at $31.1 million. Oh okay so like 5 lol permalink fedilink source parent
[–] QuaternionsRock@lemmy.world 4 points 2 years ago* 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: Students Own Over $57M Worth Of Ritzy Vancouver Real Estate $57M? So what, like 100 apartments, max? Edit 2: The least expensive home was $1.85 million, while the priciest came in at $31.1 million. Oh okay so like 5 lol permalink fedilink source parent