Rx_
Nothing In Moderation
- Local time
- Today, 04:36
- Joined
- Oct 22, 2009
- Messages
- 2,803
About politics, about databases crashing (perhaps billions of dollars at stake), about building a type of wall to keep out foreigners, ...
This might be a trend for both UK and US.
http://business.financialpost.com/p...lapsing#188_1514005794_23035_-1_1470241353093
Canada's response to foreign invasion, build a "tax wall". This completely crashed the database systems. If you have not been watching the backlash of China citizens buying up all the real estate in Vancouver B.C. and the backlash that some consider racial, this is a great story to catch up.
There are always two sides to a story.
But, the citizens from this area are beyond concerned. A 15% tax suddenly appeared.
Realtors and lawyers desperate to complete before the deadline filed a record-setting 15,000 property transfer applications on Thursday and Friday, the last business days before B.C.’s punishing new 15-per-cent tax on foreign property buyers went into effect.
More than 9,200 transactions were filed on Friday, breaking the 2007-2008 record of more than 8,400 in a single day, according to the B.C. Land Title and Survey Authority. It also reported over 5,800 transactions on Thursday, representing nearly as many deals registered at month’s end in April.
The demand was so heavy that it crashed the land titles office’s electronic filing service on both days, the authority said.
This might be a trend for both UK and US.
http://business.financialpost.com/p...lapsing#188_1514005794_23035_-1_1470241353093
Canada's response to foreign invasion, build a "tax wall". This completely crashed the database systems. If you have not been watching the backlash of China citizens buying up all the real estate in Vancouver B.C. and the backlash that some consider racial, this is a great story to catch up.
There are always two sides to a story.
But, the citizens from this area are beyond concerned. A 15% tax suddenly appeared.
Realtors and lawyers desperate to complete before the deadline filed a record-setting 15,000 property transfer applications on Thursday and Friday, the last business days before B.C.’s punishing new 15-per-cent tax on foreign property buyers went into effect.
More than 9,200 transactions were filed on Friday, breaking the 2007-2008 record of more than 8,400 in a single day, according to the B.C. Land Title and Survey Authority. It also reported over 5,800 transactions on Thursday, representing nearly as many deals registered at month’s end in April.
The demand was so heavy that it crashed the land titles office’s electronic filing service on both days, the authority said.