Makes sense. If you are a rich person in Russia or Brazil you never know when th... | Hacker News

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		Tsubasachan on May 10, 2019 \| parent \| context \| favorite \| on: Billions in Dirty Cash Helped Fuel Vancouver's Hou... Makes sense. If you are a rich person in Russia or Brazil you never know when things may go bad and having a safe house in Vancouver or London or Paris is a good idea. At least that dirty cash does some good in Canada.

umeshunni on May 10, 2019 [–]

Is it doing any good in Canada if it's used only for as store of value in real estate (and often, not even used as a rental unit)

francisofascii on May 10, 2019 | [–]

If they are paying property taxes, then there is some benefit.

parthdesai on May 10, 2019 | | [–]

While pricing out majority of the population who actually lives and works there trying to make an honest living.

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