Should Ontario Implement a Foreign Tax To Cool The Local Housing Market?

 

Sebastian and Lisa talk about the proposed tax on foreign money coming into the Toronto housing market.

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1st Article:

Foreign home buyers’ tax won’t be enough

http://www.cbc.ca/news/canada/toronto/foreign-homebuyer-tax-not-enough-to-stop-rising-toronto-home-prices-1.4021937

2nd Article:

Foreign home buyers love Toronto for the schools

http://www.cbc.ca/news/canada/toronto/programs/metromorning/richard-silver-foreign-buyers-treb-1.3968484