I’m going to be honest, Bonnie Crombie throwing her hat into the ring convinced me to sign up to vote against her. Ontario does not need a Blue Liberal NIMBY today.
I’m going to be honest, Bonnie Crombie throwing her hat into the ring convinced me to sign up to vote against her. Ontario does not need a Blue Liberal NIMBY today.
We have huge differences where everyone who owns real estate (and likely has a pension + healthcare) is essentially a single-issue voter to the detriment of all and everybody else and are egging on further mass immigration without regard to any of the downsides for anyone else.
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I don’t know that we all agree with everyone being able to buy a house. I think there need to be significant limits or an outright prohibition on foreigners owning our real estate and I would go so far as to say even with non-citizens. Particularly if Canadians cannot reciprocally own property in said countries of origin.
More work needs to be done on bring non-renting vacancy property holders to their knees and banning AirBnB houses and get the message across that there’s no more gold rush. Put up or shutup and get the hell out of the market if you just want to let an investment simmer. That’s what index funds are for.
I don’t know that we all agree with everyone being able to buy a house. I think there need to be significant limits or an outright prohibition on foreigners owning our real estate and I would go so far as to say even with non-citizens. Particularly if Canadians cannot reciprocally own property in said countries of origin.
More work needs to be done on bring non-renting vacancy property holders to their knees and banning AirBnB houses and get the message across that there’s no more gold rush. Put up or shutup and get the hell out of the market if you just want to let an investment simmer. That’s what index funds and REITs are for.