alphacyberranger@lemmy.world to World News@lemmy.worldEnglish · 10 months agoCanada likely sitting on the largest housing bubble of all time: Strategist - BNN Bloombergwww.bnnbloomberg.caexternal-linkmessage-square42fedilinkarrow-up1254arrow-down17cross-posted to: canada@lemmy.ml
arrow-up1247arrow-down1external-linkCanada likely sitting on the largest housing bubble of all time: Strategist - BNN Bloombergwww.bnnbloomberg.caalphacyberranger@lemmy.world to World News@lemmy.worldEnglish · 10 months agomessage-square42fedilinkcross-posted to: canada@lemmy.ml
minus-squareSelmafudd@lemmy.worldlinkfedilinkEnglisharrow-up8·10 months 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-up3·10 months 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.