"A homebuyer bidding against the local investor and the Foreign buyer. How much extra debt are young people prepared to take on to fill the void of "needing" to own a house. Think about it. In some cases investors and overseas buyers are pushing the homebuyers price up 50 or 100 or 150 thousand dollars. Yet the government remains silent."
TC what can the government do now?
The house of cards has been built so the only option is to bribe FHBs with taxpayer funded grants, investors with taxpayer funded deductions and naive foreigners.
They certainly won't be sucking me in for the bust.
