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):
@9MXJRLQ11mos11MO
In this current housing crisis, no citizen or non-citizen or corporation should be allowed to own multiple pieces of property zoned for housing.
@9L3WN3Z1yr1Y
There should be proof that those who are buying homes are intending to live and STAY in Canada for the foreseeable future and should not be able to buy a home as a second residence or to rent it out and homes should be reserved for those who want to live and stay in Canada.
@9JHLD6J1yr1Y
Rewording of the above; Yes, they should be banned except for cases where it is their primary residence (and this should be rigorously confirmed)
@9DXWB742yrs2Y
Foreign buyers should be permanently banned, unless they are going through the process of becoming Canadian citizens
@95TDPWT3yrs3Y
Yes, but only if it's for business purposes (ex. Businesses that buy property to rent to employees or an individual purchasing properties to rent remotely)
@93TWQWC3yrs3Y
Only banned from buying homes for profit. If it is for a primary residence, buying is fine.
@93KS3GS3yrs3Y
No, but foreign property owners should be limited in how many homes they can buy and should be heavily taxed whether the property is vacant or not. Foreign corporations should not be allowed to buy residential properties in Canada at all.
@92826LP3yrs3Y
Yes, unless it is their primary residence
@8YZBZFM3yrs3Y
If they arent becoming canadian residents, then yes. Let canadians have a chance to buy homes before outsiders.
@8VRJR5T4yrs4Y
If they are permanent residents, who are employed within the country, no ban
@8VP44LG4yrs4Y
As long as they live in them
@8WF4RKS4yrs4Y
not for 2 years but for 2 months
@8VVB8DW4yrs4Y
If they can do a back flip
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