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.
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Electoral District (2011):
They shouldn't be limited but there needs to be restrictions in order to prevent housing prices from skyrocketing
After citizenship, they should be subjected to the same regulations and restrictions as the rest of canadians.
@9DQNCTB2yrs2Y
Only if it’s their primary residence
@9FN5KBZ2yrs2Y
Foreigners who plan to move into the country should not be banned, rather, foreigners who are using the Real Estate market with the goal of making a profit should not be allowed to purchase homes. (Ideally we would stop land ownership as a whole)
@93TH3SV3yrs3Y
Given the situation that the population of Canada and the land of Canada, I think it’s still good for people buy land. Unless it is crowded then it’s a different story.
@93LRN3M3yrs3Y
No but they should be limited to 1 house for their family and 1 house for a rental property if they choose.
@9276BVH3yrs3Y
Only allowed to purchase to live in
@8Z3RCJSNew Democratic3yrs3Y
Only if it is NOT their primary residence, because then they obviously see it as an investment.
@8Z3DJKY3yrs3Y
Yes, but only for more than one property.
@8VMKSK2New Democratic4yrs4Y
Depends on the purpose of purchasing
regulating the market to allow for both domestic and foreign buyers
@8VLLY7S4yrs4Y
Foriengers should never be permitted to purchase homes in Canada. Only Citizens and Residents who have lived in Canada 5+ years should be permitted to do so. Should Residents move out of Canada they should have to sell their homes in Canada.
@8VL9JPT4yrs4Y
only if they are buying them to rent and turn a profit, if it is just to live here then that is excellent.
@8VL7RTL4yrs4Y
Corporate foreign property buyers should be limited or taxed higher.
@8VKDRW54yrs4Y
As long as this is their only place of residence, no
@8VHLN7D4yrs4Y
There should be limitations on foreign buyers, not outright ban.
@9C4HZ4Y2yrs2Y
@998QZKS2yrs2Y
they should be screened for why they are purchasing
@98WXKGQ2yrs2Y
Unless they plan to live in the home, foreign buyers should be disincentivized from buying real estate in Canada through buyer and vacancy taxes.
@8ZJNVP53yrs3Y
they can buy a house if they intend to live there
@8VSDWHLNew Democratic4yrs4Y
No, if they are purchasing to live in the home
@8VQTHP44yrs4Y
I feel there should be enough housing to have Canadians and foreigners have a chance.
@8VNQR4J4yrs4Y
No but the cost/tax for owning a home in Canada and not living in it and letting it sit empty should be raised for the wealthy
@Gryffindor49053yrs3Y
Yes, unless they're full Canadian citizens
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