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):
@9MXJRLQ11mos11MO
In this current housing crisis, no citizen or non-citizen or corporation should be allowed to own multiple pieces of property zoned for housing.
@9L3WN3Z1yr1Y
There should be proof that those who are buying homes are intending to live and STAY in Canada for the foreseeable future and should not be able to buy a home as a second residence or to rent it out and homes should be reserved for those who want to live and stay in Canada.
@8VK76RC4yrs4Y
Only if they won't be living there
If they are a legal citizen they should be able to do whatever they want. If they are a permanent residence for less, then no.
@8VR3ZQZ4yrs4Y
Yes, and they should also not be allowed to be re-assigned a purchased from someone.
@8VMFMM24yrs4Y
No, unless they don't live in the country
@8VHTT9T4yrs4Y
Only if it exceeds their primary residence
@8VHNXRY4yrs4Y
No, Should have evidence of residency in purchased home
@9CS3LQGNew Democratic2yrs2Y
Yes, but not if it is to be used as a primary residence.
@98XS9MNNew Democratic2yrs2Y
No, but there should be more restrictions on how many properties an individual or company can buy.
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