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Joined 2 years ago
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Cake day: June 17th, 2023

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  • All they need to do is make it so you can only own one residence, if you own a second as income property it should be taxed to the point that you want to sell it.

    I was in the rental stream before and at least 1 landlord was foreign owners from mainland China–the property had sat empty for six months before us because owner was rich and didn’t care about the 2k month they were losing. Another was an unlocatable landlord, the strara paperwork showed China owner, but correspondence was coming from Korean contact info. It started to look more like shell company ownership. Also have two friends who’s Vancouver places are Asian owned. Owners moved back to China and main house was vacant for 2+ years, just single basement tennant paying utilities to make place “occupied”.