[Igottago]

Originally Posted by Fuzz

You seem pretty out of touch. Homes and second homes shouldn't be investments in a country where many can't even afford their first one. By it's very nature, what you want is to make that even harder.

How many Canadians have been able to use their investments in homes to actually increase their net worth and financial standing. You don't want to kneecap people's opportunities for upward mobility. There's cab drivers who've been able to build a good quality of life using by saving up for home purchases.

I wouldn't argue that things aren't way more difficult now -- they are. But to say homes shouldn't be investments period, ignores the opportunities that have come with investing in homes. And it hasn't been just for the already rich.