Quote:
Originally Posted by Whynotnow
To clarify my thoughts a bit, the shortage of housing in some markets and the only solution we can come up with is capping international students seems like we are being fooled that someone is doing something.
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It isn’t the only solution we’re coming up with. Governments across Canada are changing zoning laws and introducing tax incentives to get more housing built. But even with those we aren’t going to triple housing starts in this country overnight. It will take years to ramp up housing construction to the levels needed to improve affordability for the current population, let alone another million people a year. Reducing student visas to the levels of 7 or 8 years ago is a measure we can take immediately to let us catch our breath as we carry out the broader, long-term housing strategy.