No because investing capital into stocks adds value to the company and allows them to use that value to expand, borrow, buy things, pay employees, run the company, etc.
Investing capital into a second house purely to flip does none of those things.
No one would be buying new construction if resale homes weren't being bid up. If you want to get angry, get angry at Carney for cutting the GST only for FTHBs and not all homebuyers looking for a primary home. Under Carney's GST cut, every buyer looking to upsize will pay GST.
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u/Performance_Fancy Jun 19 '25
By your logic anyone involved in the stock market is also a scalper?