Snowbird selloff: Canadians are parting ways with U.S. properties

https://globalnews.ca/news/11126170/canadians-selling-u-s-properties/

258 points · 13 comments · view on lemmy.world

13 Comments

finitebanjo@lemmy.world · 63 pts · 1y (1 reply)

Yeah that seems good for everyone involved, actually. Like, I realize this might be intended to cause worry but people who own multiple homes in several nations are not my friends.

BassTurd@lemmy.world · 17 pts · 1y

While I agree, I'm guessing most of these properties will be purchased by a company like Black Rock or as additional houses for US citizens, since I'm guessing most properties are vacation destinations.

It's probably better that Americans own the properties, but I think it's splitting hairs, and I think it's worse if they go to a company rather than a Canadian. Unless that Canadian is a billionaire, then fuck 'em.

miss_demeanour@lemmy.dbzer0.com · 22 pts · 1y (4 replies)

It's amazing it's taken a second term for Canadians to figure it out en mass.

blakenong@lemmings.world · 18 pts · 1y (2 replies)

People don’t usually throw away good assets because one nutter got a job. Second time round though, and with the possibility that he won’t ever leave office makes that asset risky.

ChristmasApe@discuss.online · 7 pts · 1y (1 reply)

Plenty of other reason to GTFO of Florida on top of Trump. Climate change raising sea levels and intensifying hurricanes, inability to get insurance and a shitbag for a Governor and shitbags in the state legislature.

blakenong@lemmings.world · 2 pts · 1y

Well, Florida yes. Pulling out now is a good idea.

magnetosphere@fedia.io · 8 pts · 1y

Mango Mussolini wasn’t nearly as antagonistic towards Canada the first time around.

Wahots@pawb.social · 13 pts · 1y

Honestly, probably a good thing, politics aside. These areas are all ones that are gonna get fucked by climate change tomorrow. My only hope is that it's blackrock's stupid """investments""" getting destroyed in a hurricane or getting turned into a desert.

Spacehooks@reddthat.com · 9 pts · 1y (4 replies)

So prices going down yet?

etchinghillside@reddthat.com · 16 pts · 1y

Not if banks and corporations are the ones buying them.

SinningStromgald@lemmy.world · 8 pts · 1y (2 replies)

Line must go up fool.

blakenong@lemmings.world · 3 pts · 1y (1 reply)

Too poor to be a line.

lightrush@lemmy.ca · 2 pts · 1y

There's a different line for the poor.