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.
If foreigners are not supporting the economy or the country they should not be allowed to buy a home
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
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
If they can buy a home then they should be aloud to buy it
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.
It depends on the size of the family of foreigners but yes they should have restrictions on the housing market for 2 years.
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.
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.
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
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
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.
@Gryffindor49053yrs3Y
Yes, unless they're full Canadian citizens
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