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):
@B52BRPJ5 days5D
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.
@B2BXZ8J4mos4MO
Yes, but only if they intend to rent or lease the homes at a profit and/or do not intend to help the tenants further than the bare minimum
@9F7TXDB2yrs2Y
If they start paying taxes or once they get their citizenship
@9CBTBW32yrs2Y
Yes, and allow individual citizens priority over corporations and foreign investors.
@92HQPXR3yrs3Y
Have resistance for as long as 4 years is up
@8VVYTV94yrs4Y
Yes, but only if it’s not vacant.
@8VTGXS34yrs4Y
Should have to live and work in Canada
@8VTDK744yrs4Y
Make it harder to buy a house for them
@8VP3JPZ4yrs4Y
Must prove they actually reside in the city/place they purchase the home as well as have held a LOCAL job/position for more than 6 months.
@8VHL7354yrs4Y
Foreigners are a tiny portion of buyers. No. I sn not a foreigner either.
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