It is a constant challenge for Canadians – the availability of properties to purchase or hire shouldn’t be maintaining with the rising inhabitants. It is turning into a spotlight for the political leaders throughout the federal election marketing campaign and lots of, together with politicians, are calling it a “housing disaster.”
Throughout the COVID-19 pandemic, the typical dwelling value throughout Canada soared greater than 30 per cent, with traditionally low mortgage charges and a requirement for more room fuelling the frenzy. However even earlier than COVID-19, affordability was growing out of attain for a lot of in huge cities like Vancouver and Toronto.
Anne Gaviola takes a take a look at the elements behind the “disaster,” older properties and youthful employees priced out of the market and what could be completed?
For more information, please go to https://globalnews.ca/information/8133853/canada-election-housing-crisis-explained/
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I guess Canada doesn't have enough land to build enough housing 🙄
Foreign drug dealers Laudering money with property's
Hope This Helps 😉
The answer to how did the housing crisis happen is, Truduh allowed it to happen, by giving to those brought in to Canada, and not helping our veterans, and natural Canadians.
The Bank of Canada thought it would be funny to drastically increase the already-high price of property by mutilating the interest rate.
With people having accumulated tons of money during the pandemic, everyone had a downpayment ready and available.
And with the real estate rush, FOMO does it dirty work and makes sure everyone contributes to making things worse.
The rich make billions, the poor are stuck renting forever. Everything is going according to plan.
No…. it all comes down to greed. It's really that simple. See the average canadian can no long afford home ownership. Not with everyone in the world not willing to take 1.49 for that same cup of coffee they got 1.50 for the day before. Fix that problem and the rest will fall in place. But i mean fat chance of that happening in our generation…. or a few more for that matter. Until the people of this world figure out "What can I do for you" instead of "What can you do for me" these problems will just keep popping up.
all same clan nwo order
Total rip off
How did it happen? Easy, poor governing and foreign buyers, mostly from China. Also too many immigrants coming in that the housing can sustain. How to fix this? Easy, get rid of stupid communist/leftist governments and stop foreign buyers from being able to purchase. Also slow down the amount of immigrants coming in.
Ask Trudeau and his buddy, Klaus Schwab about the housing market. I remember them saying "We will own nothing and we will be happy".
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Reckless intake without preparation. Trudeau is a rich elite multi millionaire. He is like that kid in high school who has friends only because he has a car and buys the beer. Only its your money he his buying favours with. 3 year waiting list to build a house in my city. No new subdivisions being built. No condos. Even all the trailers have been bought off the lot. Pathetic when you can't even find a home on wheels.
massive amounts of continuing immigration and foreign investors📈
Vancouver is literally known for money laundering through real estate by major wealthy Chinese and other overseas investors.
Vote People's Party of Canada.
Vote PPC!!!
Housing crisis? More like imigration and government welfare crisis
look at all those losers taking photos with ol blackface !
Open their YT page and take a shot for every video with "crisis" in the title. Make sure you have a designated driver with you.
Let's get rid off Trudeau. House price skyrocketed in the last 6 years under Trudeau's watch and now he has a solution. What a joke..haha
BUILD MORE HOUSES. The solution isn't any more complex then that. Remove red tape, improve incentives for builders/investors and they will build!
Look at our leaders with their hands on the tools pretending to fix stuff.
Because it’s all a scam 👎👎
Quantitative easing inflates asset prices….
Trudeau: oh, the house you wanted to buy is 400k over ur budget? here is 40k so you can "afford" it.
The same people complaining about immigrants and students couldn't afford a $10,000 house anyways 🤣🤣🤣
there's always a crisis for you to be "working on" when it's you who creates them.
HOW DID THIS HAPPEN lmao
Canada needs to stop bringing people in and start sending people out. Canada has most of the worlds supply of water, we need to protect that and protect the nature and wildlife for the future of life on earth.
Why are we still destroying nature? There is lots of other places for people to live, lets all move to the desert and build cities there or do we want to kill the whole planet
It happened by design and it resulted in me being forced to leave my home.
Didn't need a 2min video for that
Jagmeet is the "Brown Trudeau"
No different than Justin the loser.
Communism with a turban.
After they vote out Trudeau, we as Canadians should at least let the poor know where
Trudeau's home is located so the homeless tents can camp out on his front lawn and
his garage from this point on.
Just because a prime minister is voted out, it doesn't mean he shouldn't continue to
pay long after his reign is over for screwing over Canadians.
Of the two often discussed solutions to housing affordability, one being reducing the number of buyers/renters by reducing immigration or building more homes only one is environmentally friendly.
51% downpayment on secondary homes
You're bringing in 400,000 migrants a year and he says he wants to bring in more than that to catch up from the pandemic.
So is it a big surprise that we have a housing issue?
On a scale of 1 to 10, who here thinks voting should be based on income of $20K+. We would never have spineless leaders in charge.
Looks like Tardo can't get enough mask coverage over that big Quebec nose.
He started the housing crisis by taxing Canadians to death and spending taxpayer
money for affordable housing for immigrants. He's building tomorrows slums
where we can expect gangs, drugs and illegal gun violence. Your forthcoming
happy days brought to you by the Liberal Party of Canada.
Liberals PM Freelands bond bouncing $3 billion of borrowed tax moneys at a time a week and pocketing interest should could not have help. The national bank ID the large returns in interest the rich who have that money profit and someone has to pay that back so it falls on everyone else while the rich take the money (interest) like Freeland and society pays . Sad to say its totally legal.look up on youtube
Title.
Governmemt Borrowing & Central Bank Printing
Published by Pierre Poilivere on apr. 28 2021
Its 7 24 min q& a from parliment.
If canada had good government not these caught paying foreign tax haven billionaires pandemic money Liberals we would not be in such a state. All these monies unaccountable and the document hiding agency Trudeau Freeland and Hadju ID glotting they are head chair of that should not exsist in a domocracy but holds some of these secrets if there not already blacked out like the wescandal. Failed liberal corrupt government theres your answered why and how . My opinion.