These real estate "experts" are saying a foreign tax will do nothing to "cool" house prices as foreign buyers only represent ~15% of the sales in the current GTA market---I don't care!! why should some non resident (who hasn't paid taxes/isn't a landed immigrant/citizen) have the right to buy property/homes over someone who has??? They shouldn't be allowed to buy ANY property at all and since they do they should be taxed and it should be at a rate  a lot higher than they are proposing