Prime Minister Justin Trudeau has vowed to place a two-year ban on foreign homebuyers if re-elected, in a bid to address housing affordability in Canada. The nation's housing market has soared during the coronavirus pandemic, up 16 percent year-over-year, according to the Canadian Real Estate Association (CREA). The Liberal Party is one of three major parties focused on this central issue.
Narrow down the conversation to these participants:
Electoral District (2011):
@ISIDEWITH4yrs4Y
Yes
@EmprezSensei 3mos3MO
Foreign ownership of homes can drive up housing prices, making them unaffordable for locals, and often results in vacant properties that harm community vitality. It displaces local residents, exacerbates gentrification, and creates "ghost neighborhoods." Additionally, prioritizing foreign buyers over locals can undermine national economic stability and community cohesion.
@9LXZ2MQ1yr1Y
this morning i woke up today in this morning and the morning that i woke up, i woke up and remember that every morning that i wake up, i woke up that morning
@9LQMJGJ1yr1Y
why is there a need to destroy them? their homes for our people and could be used for tourists to explore what housing was like
@9HJ92DY1yr1Y
Where will they live? If we force them to live in government housing they will likely not have the same care as other people living in Canada.
@ISIDEWITH4yrs4Y
No
@B2Q53LT3mos3MO
If foreigners have the money to buy homes, I don't see a reason why they shouldn't be allowed to buy a house for themselves or their family.
@B3VH6Y62mos2MO
They might need a home and could afford it for them or their family, so why wouldn't it be allowed for them to have a home for them to provide for their family.
@9FFSGZC2yrs2Y
foreigners should not be allowed to buy houses until they become canadian citizen and must reside in canada
@9FKT43X2yrs2Y
If you moved to another country would you appreciate having to spend more than a local? not at all, so what would be the point of doing it here?
@ISIDEWITH4yrs4Y
No, implement foreign buyer and vacancy taxes instead
@EmprezSensei 3mos3MO
Foreign buyer and vacancy taxes are effective tools to address housing affordability without banning foreign ownership. They discourage speculative investments, reduce vacant properties, and generate revenue for affordable housing. Examples from Vancouver, Australia, and Singapore show these taxes can slow price growth, increase housing availability, and fund community programs, creating a fairer and more balanced housing market.
@8XLVK9M3yrs3Y
Yes, UNLESS it is their primary residence
@942ZLY43yrs3Y
Yes, but only if it is not their primary residence.
@9FB2FJ6New Democratic2yrs2Y
yes, but only if its not their primary residence
@8X6PMZD3yrs3Y
No, but only if it is their primary residence
@8YCNN9L3yrs3Y
Not if it is their primary residence
@9386V95New Democratic3yrs3Y
Yes unless it's their primary residence.
@8VW4NXL4yrs4Y
Yes, and implement foreign buyer and vacancy taxes
@B46V7MRLibertarian1mo1MO
Property ownership in Canada should be conditional on citizenship, and the owner's primary residence should be within the country. Further to that, dual citizenship should be banned. If voting were conditional on property ownership, citizenship and possible having children, this country could possibly survive, and even have greatly improved outcomes for Canadians
@9DMFBBZ2yrs2Y
Not if it's their primary residence.
@8VVNVTFConservative4yrs4Y
Yes, unless it will be their primary residence.
@9C74DY82yrs2Y
Yes but only if it is their secondary residence
@9C577CK2yrs2Y
Yes, but only if it is NOT their primary residence.
@8WJXN8T4yrs4Y
@8ZMFCJC3yrs3Y
Yes, but only if it isn't their primary residence
@8VL9XF94yrs4Y
Wealthy foreigners using Canadian real estate markets to park money in a way that effects prices for domestic buyers should be banned.
@9F7WTX82yrs2Y
Yes, but it should be a year or less, if foreigners could buy a house immediately, Canada would have a housing issue, in my opinion.
@9D75VZW2yrs2Y
Yes, permanently. you should require citizenship in order to own land/housing in canada
Not banned but should have to live in it for at least 2 years. Can’t be used for renting or Airbnb
Buying homes in canada should be for residents and citizens of Canada. Higher taxes should be put on foreigners if they are not contributing to the Canadian economy when purchasing properties in canada.
@8VW3WXR4yrs4Y
No, unless it is not their primary residence
@8VVYQJS4yrs4Y
Yes, but not if it is their primary residence.
Yes, if it is NOT their primary residence.
@8VHLKQD4yrs4Y
Should be longer than 2 years
@B537XBBNew Democratic3 days3D
Yes, and if it goes well then keep it up. We raise the price of foreign homebuyer tax and it doesn't work. We say things like "citizenship" and "primary residence" so they send a relative to live here to circumvent rules. Meanwhile new families and individuals don't have access to affordable housing because we're getting beat out by cash bidders.
@B52Q2ZSNew Democratic4 days4D
By foreigners do we mean those new to Canada or those whole do not reside in Canada? I think there should be restrictions for certain, but I’m unsure if a ban. I believe this question is referring to those whom do not reside in Canada.
@B52P3KT4 days4D
I think they should be taxed HEAVILY if they’re not living in Canada but if they live here and want a house then they should be allowed to buy one.
@B52JR9S4 days4D
Foreign buyers should be limited to be permitted to purchase a single house designated as a primary residence and prevented from purchasing investment properties for leasing and renting.
@B52BRPJ4 days4D
Depends where the money is coming from and if the can qualify for a mortgage. I believe you need to be employed at the same place for at least a year.
@B529JZY4 days4D
Yes. Homes in Canada should not be able to be bought. Land and its properties should be returned to Indigenous governance.
@B528GVS4 days4D
You should be a Canadian citizen to purchase a home and also pay higher taxes if it is not your primary residence.
@B4Z84SL6 days6D
They can buy home when ever they’d like but they Actully have to live in them for a set amount of time before they can leave the house with no one in it
@B4Z52HD6 days6D
i think that they should be limited till our housing crisis is settled as in they shouldent be brought in for a while just until we can support ourselves
@B4YN2377 days7D
I think foreigners should have to go through more paper work and background check to purchase a house. We canadian citizen need to come first
@B4WFGRV1wk1W
No, but there should be foreign buyers taxes and mandatory rental if it is not occupied for at least 10 months out of 12 in a year
@B4WC44Y1wk1W
I think 2 years is a lot of time. I think 365 days is an appropriate residence time to be able to buy a home.
@B4WBG3Y1wk1W
Never allowed to buy homes as they don’t live here. If they currently own one they should be given two years to sell it.
@B4TRSBY2wks2W
There should be a limit on the number of people living in these homes. The cost of living has increased drastically due to multiple foreign families going in on the one home.
@B4SXNXF2wks2W
Foreigners should be banned from buying homes in residential areas permanently. They can own a vacation home only that can't be a long term rental.
@B4SLKLG2wks2W
No but only if they can prove it's their primary home and will not be rented or used for profit. No multiple house purchases.
@B4SF5VT2wks2W
Ban only on resale. Should allow for presale and the first time it is sold on the market. Ban for 2 years.
They should be banned from buying a home in Canada if they don't spend the majority of their time physically living in.
@B4RFNJL2wks2W
Depends on if they're just a normal person or if its a very wealthy person. Normal person should be able to buy.
@B4R9WKY2wks2W
You shouldn't ban them from purchasing a home but instead make homes more availible to canadiens compared from new immagrants.
@B4QS7P42wks2W
If we didnt let so many immigrants into canada like we have in past years this wouldnt be a problem. i do think we should put regulations like this in place so that we can slow down the amount of immigrants flooding into the country.
@B4PMSXR2wks2W
I don't think it should be banned I just think there should be rules for example how many houses they can buy.
@B4NX84L2wks2W
Foreigners should be allowed to buy a home to reside in only. They should also have to become a Canadian citizen to do so. Foreign ownership is driving up housing prices, making them unaffordable for local residents.
@B4NK5F73wks3W
If they have the $ and it doesn't affect the citizens who cannot afford to buy and they only buy the home they plan to reside in. Or if they rent it out at a reasonable cost.
@B4N3PQSNew Democratic3wks3W
Yes, but limit their purchasing power to their primary residence and enact strict punishment for attempting to circumvent that limit.
@B4LP8N43wks3W
Foreigners should be permanently banned from buying homes in Canada unless it's their primary residence
@B4L3699 3wks3W
This question should define "foreigners" are they not citizens or permanent residents? If they don't live in canada for x number of months throughout the year they should not be allowed to purchase real-estate.
@B4JMLNW3wks3W
I think if they plan on being here permanently they should be allowed to buy a house if their spouse/Children or other people in their family are Canadian
@B4JKSWV3wks3W
If foreigner buys a house they should only allowed ownership of 49% the provincial government should own 51%
@B4H5T5Z4wks4W
Only if they are buying for their own personal use for 6 months of each year unless they plan to become citizens. Not allowing them to use as rental property unless it’s used for homeless persons.
@B4GQ9Q7Independent4wks4W
You should have to show you will physically reside in the house for a minimum 6 months per year, and be forced to sell if you don't and have a prohibition from being in any way a buyer or investor for a set time
I feel as if, the population of foreigners is rapidly increasing to the point it's hard for teens or adults who have lived here their whole life to get jobs and home due to rapid immigration.
@B4F9SGD4wks4W
Foreigner should be banned from buying investment homes while there is a shortage of homes for Canadian residences. This can be reviewed at a later time after we’ve controlled the immigration and housing problem.
@B4DXJPB4wks4W
Yes, but I would prefer a more long-term ban and stricter regulation in general on a permanent basis
@B4D3XN21mo1MO
Yes, as long as they do not own property in another country, and their home in Canada is their primary residence.
@B4CV7Q61mo1MO
If they are a refugee or immigrant who are planning on staying in Canada, no. but if it's for vacation or temporary housing
@B49LKNY1mo1MO
they shouldnt be banned, but restricted quite heavily, to one house ONLY per family (current generation)
@B49K4MW1mo1MO
no they should be able to get a home with no taxes until they can get a stable income to pay for rent.
@B472HDC1mo1MO
Yes, if they are planning to rent out the property instead of living in it themselves. No, if they plan to live in the house as residents.
@B43SXTX 1mo1MO
Restrict foreign home purchases but allow exemptions for permanent residents and those planning to live in the home.
Implement higher property taxes on non-resident buyers instead of an outright ban, discouraging speculation while allowing investment.
Prioritize policies that increase housing supply, such as faster development approvals and incentives for affordable housing construction.
Regulate domestic speculators and multiple-property owners, not just foreign buyers, since they also drive up prices.
@B429TXN1mo1MO
They can buy any property they want to buy as long as it isn't government land and as long as they are a permanently residing citizen.
@B3YW9622mos2MO
Yes, and foreigners should not be able to buy or own homes or land in Canada. And all the ones that do should be forced to sell it back to the Canadian people. Canadian homes and Canadian land belong to the Canadian people.
@B3VL9X52mos2MO
Non Canadian citizens should not be allowed to purchase any kind of homes or residential property in Canada
@B3TPDHT2mos2MO
Yes, until the housing crisis is resolved and then allow them to under strict policies that enrich Canada.
@B3S9C8C2mos2MO
Foreigners who reside in Canada should be able to buy a home, but those who do not reside in Canada should not be able to.
@B3QNMWT2mos2MO
If it isn't their primary residence and strictly for investment purposes, it should be stripped from them. No foreign ownership at all.
@B3K9X782mos2MO
It depends, if people are looking for a better life, then they shouldn't but if it is done in a way where it causes problems, then it should be implemented that foreigners need to do a proper check with the government to ensure they aren't trying to make issues that are ongoing occur more often, but it also depends because if taxes are increased, then it just makes the chance of someone buying a home leave for cheaper replacements, to sum it up, I think it should be their primary residence but with proper monitoring to ensure they have to become citizens.
@B3GC2NJ2mos2MO
Ban them from purchasing homes to use as investment properties. Allow them to purchase a home to live in, but not to turn around and sell, or rent out.
@B3FHVJR2mos2MO
People without PR or greater should not be allowed to purchase homes. Canadians and those soon to be Canadians all have been forced to rent, they shouldn't be able to come in and snatch up land.
@B3DCMJ82mos2MO
Foreigners should be allowed to purchase a primary residence, but not allowed to purchase rental homes for a minimum time period.
@B399BKDConservative2mos2MO
No but there should be limitations and they should have to go through more vetting and background checks.
@B393GKS2mos2MO
if the foreigners are not canadian citizens then yes they should be banned. We have a crisis and the cost of buying a home is unattainable for most canadians
@B38K4D7Independent 2mos2MO
I think a 1-3year hold in international home acquisitions in Canada along with foreign/vacancy taxes/regulations implemented would benefit Canada/it's Citizens.
@B37ZT5N2mos2MO
No. It must be there personal, primary residence, and they are banned from having rental investment property.
@B36SMWQNew Democratic2mos2MO
Yes, excluding new immigrants, international students, workers with valid permits, refugees and asylum seekers
@B36LMM72mos2MO
No. Otherwise they should be allowed as normal citizens so they become efficient and helpful for the economy
@B367BY42mos2MO
no, just stop the insane excess immigration and prioritize building homes and slowing cost increases.
@B355JWJ2mos2MO
We have a housing shortage. Foreign investment Needs to stop. Only Canadians should be able to buy a home until the crisis is resolved. Then permanent residents can be considered. No foreign investment whatsoever. It artificially inflates the marker
@B34T6YF2mos2MO
Only allow permanent home ownership for permanent residents or residents who have stayed in the country for 2-3 years
@B2WVT6F3mos3MO
Banned if not primary residence. No investment properties for AT LEAST 2 years after establishing citizenship
@B2WMF2R3mos3MO
Yes and ONLY Canadian citizens or permanent residents should be able to purchase residential homes or land forever.
@B2W3G4Y3mos3MO
Yes they should be banned for 2 years and have to pay a foreign buyer and vacancy tax. I also think immigrants who come should have trades to work.
@B2VWCWJ3mos3MO
We should lessen the amount of immigrants until housing infrastructure is caught up to the current demand
@B2VCMN73mos3MO
Foreign home buyers should be allowed to buy primary residence. However, they should not be able to buy several ‘holiday homes’ especially in overpopulated resorts in Canada like Whistler. They should either not be allowed to purchase or be taxed at such a high rate that if they wanted to buy they would have to rent out to locals.
Loading the political themes of users that engaged with this discussion
Loading data...
Join in on more popular conversations.