What to do about housing price inflation?

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Opinion: What to do about housing price inflation? cdnpolitics (subs)

Housing Minister Ahmed Hussen, pictured at a June 2021 affordable housing announcement in Ottawa. We can’t tax our way out of a housing supply shortage, nor should we pump the brakes on immigration driving population gains that help grow our economy.

The only answer is to dramatically increase housing supply across the entire housing spectrum at a rate that meets demand, writes Michael Bourque of the Canadian Real Estate Association.Over the past two years amid COVID-19, real estate markets across Canada have seen record sales and prices. Some markets had price increases as high as 40 per cent, with an average year-over-year price increase in 2021 of 21 per cent.Enjoy unlimited website access and the digital newspaper.

 

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Tax only the wealthy for deliberate exorbitant profiteering and unethical business behaviour

Ill-timed article given what is happening on the Hill today, with an attack on our democracy, which relegates every other issue to the backbench for the moment Try and keep current. The CPC_HQ will attempt to divert the discussion and do not require your assistance.

There are no simple nationwide solutions to housing affordability, but it’s a mistake to attempt to link the pandemic-driven inflation to it. It helps to highlight the directions and paths that should be followed to improve housing affordability, created at the grassroots level

There are innovative solutions to housing affordability, but it’s a mistake to spend time talking about pandemic-driven inflation. By focusing on solutions and innovation, it highlight the directions and paths that should be followed to improve housing affordability

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