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Deleted member 1050918
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@guelphite Your argument has now increased chances of turning out right. It's worrying to say the least.Trudeau Vows 2-Year Ban on Foreign Home Buyers If Re-Elected
https://www.bloomberg.com/news/articles/2021-08-24/trudeau-vows-two-year-ban-on-foreign-home-buyers-if-re-elected
As said, JT is trying to blame his own mistakes on people who aren't even in Canada. He's been in power since 2015 and should've been more careful while allowing all the foreigners buy all the land in Canada just to manipulate the market. Now he's acting like he only got elected last week. Pathetic really.
Either way, they need and will have influx of people. Be it immigrants or students. The case of more students coming in will again drive housing prices up. More people means more rent after all. It would also increase the sale prices because people will want to invest by buying houses and renting them out to students.
I guess we can summarize the whole situation as simply as there's a mindfuck situation in Canada in terms of housing.