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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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.
Yes, if it is NOT their primary residence.
@9TMR89C 7mos7MO
Depending on the background of the foreigner attempting to buy a home, Canada's relation with their country, and the amount of people attempting to live in Canada, they should/should not be allowed and able to buy their own home. This is important because we need to keep criminals out, stay aware of the dangers of other countries, and control Canadian population.
If foreigners are not supporting the economy or the country they should not be allowed to buy a home
@9RC7RVY9mos9MO
A permanent moratorium on Foreign companies and individuals purchasing property in Canada should be brought into effect and all current ownership should be subject to a 20% tax. Also foreign companies and individuals should be incentivized to sell properties they currently own.
i think it depends on what their citizenship status and their income is and if they have a permanent residence or a student visa then they should be allowed to buy houses
They shouldn't be limited but there needs to be restrictions in order to prevent housing prices from skyrocketing
@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)
@9J2KMBT1yr1Y
Any person should be allowed to buy a home as long as they have been asked standard background check questions to make sure they are suitable to buy a home.
@9D4L2YQ2yrs2Y
If they do not live and occupy the home, Yes they should not be able to buy a home, New citizens should not be able to own more than 1 home for 5 years
If they are allowed in the country then why not
People who are citizens should come first before foreigners
If this is their primary residence no if it is a vacation home or a building for which they plan to rent then yes
@95QPXFX3yrs3Y
No but only once they have a citizenship
@95K5YQG3yrs3Y
No, this is not well-thought out, and could only increase the rising cost of affordability for housing in Canada. Many immigrants/foreigners (non-permanent residents, diplomats, students, etc.) are all important to help fill labour shortages in areas that we need them most, but also can help be trained in schooling/volunteer through international humanitarian work, if we ban foreigners from buying homes, we are actively preventing our economy from getting access to potential residents and people who want to immigrate here.
If they can buy a home then they should be aloud to buy it
@959Q3F23yrs3Y
renting for the first 2 years
Depending on the circumstance. Say someone moves to Canada to live here and they want to buy a house they should be able to. If they are buying the house for business purpose then maybe.
@93R5GT23yrs3Y
Only if the foreigners have been screened and determined that they actually need the house
It depends on the size of the family of foreigners but yes they should have restrictions on the housing market for 2 years.
@923F9N33yrs3Y
No, but increasw the prie for internationals and dicrease the price for canada living.
No, unless they are missing the required visas and documents, or have committed a crime.
No, so long as they have completed the necessary requirements for citizenship.
@8WK5PPJ4yrs4Y
Depends. If the intention is to live inside the house, then no. If the intention is for real estate purposes, then yes.
No, but they should have to pay higher taxes and contribute more to property tax
not if they are moving into it right away. They should have a limit for how long they can leave it vacant for.
@8VR3ZQZ4yrs4Y
Yes, and they should also not be allowed to be re-assigned a purchased from someone.
I do not my answer about this question
Yes. Foreigners are spoiled here: driving expensive vehicles, having their own big smartphones and tablets, wearing apple watches and here I am still trying to get a job living on welfare as a born and raised Canadian.
depends on the use of property. if its getting used then it should be allowed, for a full time resident.
are they living in the house or not
There should be limits but two years is too long. Or regulations such as they must live in the house
We live in Vancouver an empty houses are a problem. That shouldn’t mean EVERY foreigner should be banned
The definition of foreigner is a bit vague. We need to make sure that foreign exchange students, diplomats, refugees and ambassadors/consulates, and others have housing although they're not considered citizens because they benefit this country so much.
Yes, but not if it will be their primary residence
@9CMY5KJ2yrs2Y
No, implement a land value tax instead
Depends on the circustance
I do think foreign real estate speculators should be banned for at least 2 years. However, for purchasing a primary residence that they would actually live in, not rent or flip, no they should not be banned.
No, but allow them to buy 1 house
@98FG9XR2yrs2Y
As long as their records are good and credits
If they're legal immigrants and have the money to buy their own house they should be allowed to.
yes so they can build up their money
No, they should be able to buy a house if they have enough money to do so
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@7LLKYKFNew Democratic4yrs4Y
yes if they aren't living there
Depends on what a "foreigner" is classified as. We can't ban house ownership to refugees, permanent residents, immigrants who are waiting for citizenship, ambassadors, consulates and such, because that would have catastrophic consequences for the country, as well as international relations with other countries. If you mean people who speculate, and don't actually live here, but sit on a property just because it's valuable, then yes, because nobody's living in those houses anyway.
However, there should be consultation with places that have a large amount of vacation homes, nd rely on that for tax money, because they need it for their municipal budgets and it could harm their ability to invest in their community very much.
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