Results for - Trudeau Vows 2-Year Ban on Foreign Home Buyers If Re-Elected
Prime Minister Justin Trudeau promised to introduce a two-year ban on foreign home buyers to tackle housing affordability in Canada if he’s re-elected.
1. Outrage over housing affordability is increasingly directed at foreign buyers, especially in Vancouver, whose real estate has become increasingly popular among non-resident buyers from China and Hong Kong. Do you agree with the ban on non residents buying housing here?
2. If elected, will Trudeau actually go through with this plan?
3. Erin O'Toole, leader of the Conservatives and Trudeau's biggest rival in the election, put forward a similar plan last week. The left-leaning New Democratic Party, meanwhile, is proposing a 20% tax on homes bought by people who aren't Canadian citizens or permanent residents and a reintroduction of a 30-year mortgage. Which would you prefer?
A ban on non residents buying for 2 years
20% tax on homes bought by people who aren't citizens or permanent residents