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We're going through similar changes. There is now a revised stress test you must pass before being granted a mortgage and purchases will no longer be accepted in cash. No normal person buys a house with cash anyways, so it will hopefully cut down on money laundering. It is apparently one of the biggest reasons we have the second highest cost of living, right after Hong Kong.
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Weldangrind
"I figure I'm well-prepared for coping with a bike that comes from the factory with unresolved issues and that rewards the self-reliant owner." - Buccaneer
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