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):
@9YNQFHTNew Democratic5mos5MO
Yes, unless the home they are purchasing is for their own personal residence, not for a rental/income property.
@9TC77NN7mos7MO
Yes, this may help to reduce the cost of and availability of houses in Canada, especially if the house are bought by speculators.
@9FF93ZP2yrs2Y
I feel like any Canadian tax-payer should be allowed to purchase or sell a home.
@9F5BRHM2yrs2Y
I don't have the knowledge to answer.
@9F46H7KConservative2yrs2Y
Yes cause the people who live here in the first place can’t get house
@9DJVGVY 2yrs2Y
No, as long as they will live in the home
@95D8QLTNew Democratic3yrs3Y
If it's to rent out, no. But if it's because they need a place to stay, of course
@8VR79MX4yrs4Y
No, rather significantly increase the requirements for foreign buyers, 20% additional tax, any capital gains on foreign bought land/property is, for example, taxed at 70%.
@8VL46DC4yrs4Y
I depends on there situation
@8VHLKQD4yrs4Y
Should be longer than 2 years
Loading the political themes of users that engaged with this discussion
Loading data...
Join in on more popular conversations.