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Old Posted Oct 2, 2017, 3:56 PM
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flar flar is offline
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Join Date: Jan 2006
Location: Southwestern Ontario
Posts: 11,613
Quote:
Originally Posted by whatnext View Post
The new OSFI stress test will knock a lot of buyers out of the market. The danger is that just opens up the field for foreign buyers if prices drop. We need to manage demand as much as supply.
Good point.

I really think owning residential property should be limited to Canadian citizens. It's completely irresponsible to allow a necessity of life for our population to be at the mercy of the global economy.
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