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Comment by dmix

> when the impoverished locals realise what it means to compete with (from their perspective) extremely wealthy blow-ins

It's also more socially acceptable to complain about this stuff when the newcomers are seen as wealthy. We saw this in Canada when Chinese nationals started buying up houses in Canada. To the point the government started limiting foreign ownership of residential real estate.

https://www.cmhc-schl.gc.ca/professionals/housing-markets-da...

parent dmix 2 months ago

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