Canada Powered by Trendolizer

Should Canada ban non-residents from buying homes? | The Star

Trending story found on www.thestar.com
Should Canada ban non-residents from buying homes? | The Star
Canadian home prices continue to rise, particularly in Toronto and Vancouver. How much of an impact do foreign buyers have on the astronomical prices? Long-time realtor Bob Hutchings argues they are playing a significant role in making homes unaffordable for too many young people, while Philip Cross of the Macdonald-Laurier Institute says the real culprit is a lack of supply to meet the demand of immigrants flocking to Canada’s largest cities.
[Source: www.thestar.com] [ Comments ] [See why this is trending]

Trend graph:

Comments