(Credit to rexxit user u/JackTheTranscoder)

Could this be the start of a big foreign ownership dump?

  • @[email protected]
    28•2 years ago

    Wild idea but, maybe we should only allow people who live here to buy here.

    Or maybe we could follow smarter countries who already solved this problem, like Finland, who charge much higher mortgage rates for those without citizenship.

    • ArghblargOPM
      6•2 years ago

      I would also add that there needs to be proof of source of income for the purchase and/or mortage payments, with full employment background checks.

      I have heard stories of houses purchased by a single person claiming “housekeeper” or “artist” as their income, mysteriously able to make huge mortgage payments or purchasing mansions outright. Turns out they were, of course, getting off-shore funds from a spouse or relative, and the job they claimed was just a sham.