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.
Narrow down the conversation to these participants:
Discussions from these authors are shown:
Electoral District (2011):
@8VVNVTFConservative4yrs4Y
Yes, unless it will be their primary residence.
@9SNLZ3S8mos8MO
If Foreigners have primary status and don’t own multiple homes for the rent economy but actually live in their communities then they should be allowed to buy a home as any Canadian citizen can.
They shouldn't be limited but there needs to be restrictions in order to prevent housing prices from skyrocketing
@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)
@8VK76RC4yrs4Y
Only if they won't be living there
@95GXWD73yrs3Y
Yes for investment property
@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.
I feel like it really depends. As you don't want rich foreigners buying all the houses as a way to preserve their money and sell it later. But you don't want foreigners who are trying to move here to be homeless for two years unless this doesn't apply to apartments and such.
@92CG7HS3yrs3Y
They should be allowed to purchase homes if there are paying taxes to the federal government
@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.
@8Y8MGXR3yrs3Y
Yes, unless they intend on permanently living here.
@8VV8MT44yrs4Y
Every family should be limited to owning 1 living space for the first 2 years
@8VTKPJ64yrs4Y
Stipulations. Regulations.
@8VS9RGD4yrs4Y
Only Canadian citizens should be able to buy Canadian real estate
@8VMKSK2New Democratic4yrs4Y
Depends on the purpose of purchasing
@8VLN48C4yrs4Y
regulate how many homes people are buying
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.
@8VL3N5H4yrs4Y
Foreigners purchasing homes in Canada is only a small portion of the issue. All houses that are being purchased for investment purposes rather than to live in should be limited not just foreign buyers.
@8VKQRP24yrs4Y
there should be a fee or tax so they pay more
@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
Loading the political themes of users that engaged with this discussion
Loading data...
Join in on more popular conversations.
