Canada bans foreign home buyers for 2 years
The Canadian government will ban foreign homebuyers for two years,Canada's housing market is one of the hottest in the world, with prices jumping by more than 20% last year,The ban is aimed at "[c]urbing
unfair practices that drive up the price of housing, in order to level the playing field for young and middle-class Canadians,"The government will also impose higher taxes on people who sell their home within a year.
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