Flipping Tax on Property May Be Helpful

The article below discussing a flipping tax to be imposed on properties owned by foreigners in Canada may be a partial answer to the problem of investor immigrants and their impact on the local housing markets in Vancouver and Toronto. My recent article
on investor immigrants for Fo0rbes discusses the problem in more depth.

http://www.theglobeandmail.com/report-on-business/top-business-stories/tax-foreign-flippers-driving-up-canadian-home-prices-cibc/article30029648/

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