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Originally Posted by jg13
Hello, I'm not going to go through the entire thread and I know the majority of CalgaryPuck posters are 45+ in age but 80% of the people I talk to and are within 5 years of my age (33) are all voting conservative without a second thought, myself included.
My question is:
I would like to know why those of you that are above 45 in age or older that own their own homes, think that Mark Carney will benefit us in our 30s over Pierre Polieivere. Pierre has stated he will cut immigration to the point where we're building more homes faster than we allow people into Canada and will allow first time home buyers to purchase their first homes without the 5% GST included in those homes.
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That's actually Carney's promise.
PP's is the cut GST for all buyers, not just first time buyers.
This will actually increase investors purchasing new homes/condos and increase your competition and pricing.
You will see a lot of property flippers re enter the markets.
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The reason for the above question is because of 80% of the people I talk to in my age range (millenial) is because we're concerned about never being able to afford a home and if we're never able to afford a home, it affects many things specifically, like starting a family. From my understanding, Mark Carney wants to increase the Canadian population to 100 million by 2100 which is 800,000 a year when Canada has been known to build 200,000 places of living a year. He has publicly stated this.
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You need a source for that.
A lot of the information being fed to people in your age range, is simply false or very misconstrued.
I see a lot of it too based on people I know sharing things on social media, and they just don't have the ability to decipher what's legit or not.
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If I currently owned a home this would be great for myself as my home would sky rocket in value. Please let me know on this particular issue, why as a millennial this is good for me.
Thank you in advance. Not looking to fight anyone. I want clarity.
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I have worked in Vancouver real estate for 18 years and most of the fellow agents I know are conservatives.
We currently have a slow market that is oversupplied and buyers scared to act.
These conservative agents all anticipate a conservative government will take guardrails of housing purchases and let the market light up on fire.
Pricing will go up, good for our investors.
Buyers will have to act due to FOMO as pricing rise.
Anti flipping taxes will be removed, enabling investors flipping to resume and buying up presales since GST is removed from those.
If the BC conservatives had won the last provincial election, they would have also eliminated the BC speculation tax, Air-Bnb restrictions and BC Flipping Tax.
I mean this with sympathy, but these conservatives aren't thinking about you, I'm sorry to break the truth to you.
All of their housing policies are to unshackle the market and let speculation return.
My earning would go way up under conservative governments, you would get screwed.