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@ISIDEWITHQuestionsHousing IssuesStarted 4yrs agoActive 3 days ago

Should foreigners be banned from buying homes in Canada for 2 years?

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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1k Replies

 @B4QS7P4from Alberta  answered…2wks2W

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.

 @B49K4MWfrom Alberta  answered…1mo1MO

no they should be able to get a home with no taxes until they can get a stable income to pay for rent.

 @9F74V6Pfrom Alberta  answered…2yrs2Y

We shouldn't accept immigrants if we don't have homes for them (or ourselves)

 @98K7VWHfrom Alberta  answered…2yrs2Y

No, they should be able to purchase a primary residence.

 @95M7TJDfrom Alberta  answered…3yrs3Y

it makes no sense that they cant buy a home if they pay taxes

 @92M8FFHfrom Alberta  answered…3yrs3Y

Clarity on use of term foreigner is needed. If we're talking about immigrants who are either here on a green card or have just obtained citizenship then no, they should be allowed to buy property and a program to deal with homes purchased by someone with a green card could help prevent homes from being held by someone out of country in the event they don't get a renewal for their green card or don't get citizenship. If we are referring to a person or corporation that is based outside of the country who has no intentions of using it then it should be an outright ban vs temporary one.

 @8YYXS9JConservativefrom Alberta  answered…3yrs3Y

For 5 years

 @8VS823Mfrom Alberta  answered…4yrs4Y

No, anyone paying taxes in Canada should be eligible for home buying.

 @8VKGLC8from Alberta  answered…4yrs4Y

yes but if planning on living in Canada for more than 5 years then no

 @9957783from Alberta  answered…2yrs2Y

terrorism is bad

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 @ISIDEWITH submitted…5mos5MO

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 @ISIDEWITH submitted…6mos6MO

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