Quote:
Originally Posted by Harry Lime
I didn't want to eat up space in whatever is happening in the Federal Polling thread. I have to admit that most of what the candidates are arguing over day to day only effects me in one way, and that's eventual money coming out of my wallet, as I don't fit into any of the campaign promise demographics.
This was on the CBC website today.
http://www.cbc.ca/news/canada/montre...tate-1.3260266
The gist of the story is that the boom in foreign residential real estate ownership began in Toronto and Vancouver, moved to Calgary and Edmonton, and now is expanding again to other Canadian cities. Many countries have very strict rules to prevent this kind of speculation from happening in the residential sector.
Is it time to look into a law that forces a residential homeowner to either be a Canadian citizen or live in Canada for the majority of the year?
This isn't going to be addressed during this election, because we are being told that what people wear when their picture is being taken is more important. I am curious as to whether there is an interest in a more protectionist route on a federal level, in certain industries. |
It absolutely needs to be addressed. I'm not sure what the solution is, but we're heading towards a housing crisis if this keeps up.