This isn/t just an American issue. European cities, like Barcelona and its bombing tourism industry, are also suffering this ailment as wealthy soccer fans buy out property for stays and hence drive prices up to the point where low-income natives, like Barcelonian fishermen, can no longer afford to love in their ancestral homes. The same thing is being seen in Vancouver, where wealthy Chinese immigrants are moving in to enjoy economic freedom and tax exemptions. How doe we tackle this issue, raise taxes on immigrants? Propose an habitation quota for certain cities due to economic reasons?
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Jul 13, 2017