Exploring the economic implications of house prices, weighing the need for affordable housing against the desire to maintain property values. Analyzing Canada's strategies to limit foreign investment in real estate and their impact on housing concerns.
Canada is banning foreign investors from buying homes for two years to address the pandemic-induced surge in home prices. Economists warn it could have long-term effects on the economy if not managed well. Other economies are closely watching Canada to see if the move pays off.
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