VAUGHAN, Ont. - Liberal Leader Mark Carney says that if he's re-elected, his government will double Canada’s rate of residential construction housing over the next decade to nearly 500,000 new
I mean, if they can make a meaningful increase in supply, no investor is going to want to hold onto a house in that market. You might get that result without having to enforce it.
They should only allow Build Canada Homes to sell to first time home buyers, Co-operatives, and not-for-profit Community Land Trust.
Corporate and “mom and pop” investors must be barred from buying these units. Otherwise, the problem will not go away.
I mean, if they can make a meaningful increase in supply, no investor is going to want to hold onto a house in that market. You might get that result without having to enforce it.
I’d say better safe than sorry.