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Sure, there are thousands of square miles of shitty tundra where nobody lives, but the problem is not that foreign "investors" are purchasing tracts of land in the middle of nowhere and camping on them. Why would Chinese or other foreign nationals invest here if they won be making a profit?They buy property, the money comes into Canada and circulates, hurray! But when someone here buys the property at a jacked up price, that money along with more profit, goes back to the outsider. Now more money went out of Canada.I know my approach is naive, not accounting for inflation and the money earned by the country on investing the initial amount, but still if the outsider is profiting, it more money going out than coming in..
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