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Old Posted Nov 2, 2019, 7:53 PM
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Nouvellecosse Nouvellecosse is offline
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Join Date: Aug 2005
Location: Nova Scotia
Posts: 9,054
It's just kind of ridiculous to imagine that huge foreign investment would be needed to enable mostly middle-class homes and offices to be constructed in a G7 country with high growth and percapita GDP in the top global 10% in response to significant regional population growth. It's almost as if someone is looking at an impoverished developing country and wondering how they're building all kinds of huge infrastructure projects like metro systems and high speed railways. "Oh... It's being funded by China who are trying to expand their geopolitical influence in the region!! Well that makes sense then..."

In this case such questions and conjecture are just obnoxious and irrational condescension. Whether or not foreign investors see what they consider to be a hot investment opportunity in a relatively stable setting and decide to jump on board (evidenced in the West Coast market), that's completely different from their input being necessary to allow the construction to happen.
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