Chat Jihadi Trufolo has an IQ of a 14 year old boy.

[snoopdoggie]

I'd say, he's gone within a year.

Erin O'Toole is our next PM.

 

[snoopdoggie]

That Dummy calls an election for no reason during a pandemic after he promised he wouldn't, costing us $600 million. Let's get rid of him on Monday September 20, once and for all.

 

[Toucan]

I mean, sure it was idiotic to call an election, but do you actually want o'toole in power, and fuck up this pandemic and dragging it out longer with the rest of Canada looking like Alberta?

 

[snoopdoggie]

I mean, sure it was idiotic to call an election, but do you actually want o'toole in power, and fuck up this pandemic and dragging it out longer with the rest of Canada looking like Alberta?

Who says that's going to happen? Things can only get better with O'Toole. Send the Liberals back to teaching drama school.

 

[Toucan]

Who says that's going to happen? Things can only get better with O'Toole. Send the Liberals back to teaching drama school.

I'm pissed at the libs, but o'toole's campaign and policies haven't really demonstrated much confidence in being better

 

[Hornet]

Maybe someone should just lay out every candidates election platform to help the undecided then wait for the results to come in.

 

[snoopdoggie]

Canadians need affordable housing. There are too many foreign investors buying up real estate and driving up the cost for young Canadian families that actually live here.

 

[Toucan]

Canadians need affordable housing. There are too many foreign investors buying up real estate and driving up the cost for young Canadian families that actually live here.

According to the Conservative plan, they look to (in full):

- Ban foreign investors not living in or moving to Canada from buying homes here for a two year period after which it will be reviewed.
- Instead, encourage foreign investment in purpose-built rental housing that is affordable to Canadians.

Source: Secure The Country - Secure the Future (page 50)

But then when you look at StatCan:

In 2019, the CMA with the highest rate of non-resident ownership in British Columbia was Vancouver, with 4.3%. This was up slightly from 4.2% in 2018. In the Toronto CMA, which had the largest number of properties in Ontario owned by non-residents, the rate of non-resident ownership (2.6%) remained unchanged from 2018.

Source: The Daily — Canadian Housing Statistics Program, 2019 (2019 was the latest study I can find, but we shouldn't expect double digit growth over 2 years)

So O'Toole wants to ban foreign investment, which really only makes up 2.6-5% of the housing market, but still encourage foreign investment in "housing that is affordable to Canadians" without providing any details (aka they won't do shit). Releasing 5% of housing currently owned by foreign investors will barely make a dent to improve affordability. Rising housing prices is caused by others factors (e.g. affordable mortgage rates that allow wealthy Canadians to hog up properties, driving up prices). In my neighborhood, I know of CANADIANS owning 5+ properties.

Nothing in the Conservative plan demonstrates a substantial decrease in housing costs.

 

[snoopdoggie]

According to the Conservative plan, they look to (in full):



Source: Secure The Country - Secure the Future (page 50)

But then when you look at StatCan:



Source: The Daily — Canadian Housing Statistics Program, 2019 (2019 was the latest study I can find, but we shouldn't expect double digit growth over 2 years)

So O'Toole wants to ban foreign investment, which really only makes up 2.6-5% of the housing market, but still encourage foreign investment in "housing that is affordable to Canadians" without providing any details (aka they won't do shit). Releasing 5% of housing currently owned by foreign investors will barely make a dent to improve affordability. Rising housing prices is caused by others factors (e.g. affordable mortgage rates that allow wealthy Canadians to hog up properties, driving up prices). In my neighborhood, I know of CANADIANS owning 5+ properties.

Nothing in the Conservative plan demonstrates a substantial decrease in housing costs.

2.6-5 % of the housing market?
Is that in the GTA, or is that in Canada overall? I bet it's way more than that in Vancouver.

According to the Conservative plan, they look to (in full):



Source: Secure The Country - Secure the Future (page 50)

But then when you look at StatCan:



Source: The Daily — Canadian Housing Statistics Program, 2019 (2019 was the latest study I can find, but we shouldn't expect double digit growth over 2 years)

So O'Toole wants to ban foreign investment, which really only makes up 2.6-5% of the housing market, but still encourage foreign investment in "housing that is affordable to Canadians" without providing any details (aka they won't do shit). Releasing 5% of housing currently owned by foreign investors will barely make a dent to improve affordability. Rising housing prices is caused by others factors (e.g. affordable mortgage rates that allow wealthy Canadians to hog up properties, driving up prices). In my neighborhood, I know of CANADIANS owning 5+ properties.

Nothing in the Conservative plan demonstrates a substantial decrease in housing costs.

Why have the house prices in places like Windsor doubled in the last 5 years, when the high paying auto manufacturing jobs have disappeared to Mexico? It's gotta be foreign investors.