{"id":121987,"date":"2021-09-14T10:13:08","date_gmt":"2021-09-14T03:13:08","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/trudeaus-plan-to-halt-foreign-buying-of-canadian-homes-may-backfire-as-cash-ready-overseas-investors-game-the-market\/"},"modified":"2021-09-14T11:06:49","modified_gmt":"2021-09-14T04:06:49","slug":"trudeaus-plan-to-halt-foreign-buying-of-canadian-homes-may-backfire-as-cash-ready-overseas-investors-game-the-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/trudeaus-plan-to-halt-foreign-buying-of-canadian-homes-may-backfire-as-cash-ready-overseas-investors-game-the-market\/","title":{"rendered":"Trudeau\u2019s plan to halt foreign buying of Canadian homes may backfire as cash-ready overseas investors game the market"},"content":{"rendered":"


\nJustin Trudeau\u2019s re-election pledge to stop foreign property speculators from pushing up Canada\u2019s home prices will only be temporary, and will have limited impact in improving affordability, analysts said.The measure, part of Trudeau\u2019s campaign platform for a third term as prime minister in Canada\u2019s federal election scheduled for September 20, is likely to spur overseas buyers with ready cash to jump ahead of the ban, while local Canadians are also likely to sit on the sidelines instead of\u2026
\n
\nSource : South China Morning Post
\nRead more…Trudeau\u2019s plan to halt foreign buying of Canadian homes may backfire as cash-ready overseas investors game the market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Justin Trudeau\u2019s re-election pledge to stop foreign property speculators from pushing up Canada\u2019s home prices...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-121987","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vJx","jetpack-related-posts":[{"id":119486,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/canada-wants-to-tax-phantom-foreign-homebuyers-to-rein-in-red-hot-property-prices\/","url_meta":{"origin":121987,"position":0},"title":"Canada wants to tax phantom foreign homebuyers to rein in red-hot property prices","date":"December 9, 2020","format":false,"excerpt":"\r Canada\u2019s plan to cool a red-hot domestic property market by taxing foreign homebuyers who do not reside in the country could upset the industry recovery and further erode international demand, analysts said.\rThe proposal has gained traction in Prime Minister Justin Trudeau\u2019s government as property agents recorded roaring business and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149614,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/david-seymour-unveils-overseas-investment-reforms-amid-foreign-home-buyers-debate\/","url_meta":{"origin":121987,"position":1},"title":"David Seymour unveils overseas investment reforms amid foreign home buyers debate","date":"February 23, 2025","format":false,"excerpt":"\r Cabinet is currently discussing the prospect of foreign investors buying homes in NZ.\r \r Source : nzherald.co.nz\/Property Report\r Read more...David Seymour unveils overseas investment reforms amid foreign home buyers debate","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18934,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/overseas-buyers-keen-to-exploit-weak-pound-to-buy-london-homes\/","url_meta":{"origin":121987,"position":2},"title":"Overseas buyers 'keen to exploit weak pound to buy London homes'","date":"July 7, 2016","format":false,"excerpt":"\r Foreign investors could save about \u00a3100,000 on \u00a31m property due to post-referendum collapse of sterling, property consultancy saysThe plunge in sterling following the UK\u2019s decision to leave the EU has prompted a flurry of interest in luxury homes in London from overseas buyers, who stand to save about 10%\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100664,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-buyer-sales-drop-ahead-of-introduction-of-overseas-investors-ban\/","url_meta":{"origin":121987,"position":3},"title":"Foreign buyer sales drop ahead of introduction of overseas investors ban","date":"October 30, 2018","format":false,"excerpt":"\r Foreign buyers have snapped up one in every 10 homes sold in inner-city Auckland over the past three months - marking a significant drop off in activity ahead of a new ban on overseas investors.The foreign buyer ban took effect...\r \r Source : nzherald.co.nz\/Property\r Read more...Foreign buyer sales drop\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17130,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buying-a-house-in-sydney-get-ready-for-expensive-stamp-duty\/","url_meta":{"origin":121987,"position":4},"title":"Buying a house in Sydney? Get ready for expensive stamp duty","date":"June 20, 2016","format":false,"excerpt":"\r Property Council of Australia calls it a blatant \u201ccash grab\u201d New houses in Sydney (Image credit: News.com.au) In efforts to quell a potential property market bubble and plump up government coffers, the Australian state of New South Wales has announced it will be doubling stamp taxes beginning this week.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96461,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/struggling-chinese-firms-offloading-assets-means-property-bargains-galore-for-foreign-investors\/","url_meta":{"origin":121987,"position":5},"title":"Struggling Chinese firms offloading assets means property bargains galore for foreign investors","date":"August 22, 2018","format":false,"excerpt":"\r Tight liquidity in China has forced many companies to dispose of assets to keep themselves afloat, creating unprecedented bargain-hunting opportunities for overseas investors, according to analysts. A slowing economy and a deleveraging campaign has caused a cash squeeze that has pushed many Chinese firms to sell assets and equities\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121987"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=121987"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121987\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=121987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=121987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=121987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}