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Old Posted Mar 7, 2024, 8:33 PM
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Changing City Changing City is offline
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Quote:
Originally Posted by whatnext View Post
Gee, I wonder if it will be as successful as this attempt by the province?
Why wouldn't it be more successful? "In a news release issued at the time, the agency insisted purchasers "could not own property anywhere else in the world" and "had to agree to live in the property for two years before they can sell."

But in explaining a somewhat tortured timeline, Kahlon said Wednesday that those requirements were not actually in place when Vivid began in 2016 under the Liberal government.

"When the project was launched, there was no provisions involved. People could buy property if they had other investments. Their income wasn't really tested," he said."
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