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):
@9C577CK2yrs2Y
Yes, but only if it is NOT their primary residence.
@9TB4X3G7mos7MO
just make it so that there isn't an overabundance of buying homes but just limit the amount to stop the touring crisis
@95B55GC3yrs3Y
Yes but only to avoid market over demand limit purchase just for 2 houses
@8XYZS8Y3yrs3Y
If they become Canadian citizens, then they should be able to buy homes. If they're not, then they shouldn't be allowed to, or have a tax put on them
@8VT95BF4yrs4Y
No, unless it’s income property
@8VRK88Q4yrs4Y
They should only be allowed if they are permanent residents
@8VMLW7Z4yrs4Y
If they are a citizen that can prove they spend and live majority of there time in canada.
@8VMB6WPNew Democratic4yrs4Y
Vigorous background checks have to be made for foreigner buyers. If a person is buying a vacation property for their own use then that's fine. If a foreigner is buying multiple complexes for the sole purpose of profit (while driving up value prices), there has to be a limit placed on those individuals.
@8VLCLWQ4yrs4Y
if they don't have a criminal history or a very small
@9974VNW2yrs2Y
They should be allowed to own a one property at a time for two years, if they want to move they could only sell that house, after the two years is up they should be allowed to rent it if they move
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