Want to make housing affordable? Real estate needs to become a mediocre investment
Prime ministerial interviews aren’t usually comedic material, but Prime Minister Justin Trudeau’s chat this past month with The Globe and Mail’s City Space podcast did offer up a chuckle or two.
On the one hand, Mr. Trudeau insisted his government was going to make housing more affordable for younger Canadians. On the other hand, he also declared that housing would retain its value for existing homeowners.
Categories
Recent Posts
In central Vancouver, a tale of two plans
Shared ownership structure complicates sale of low-cost condo
Feds investigating use of algorithm for rental prices, the Home of the Week and more top real estate stories
'New home buyers are nowhere to be found.' Toronto-area January new home sales near 'record low' despite excessive inventory, falling prices
Toronto joins major markets in seeing home affordability worsen in January, report finds
Are you six months from your mortgage renewal deadline? You should lock in now
Buyer nails down east-end Toronto bungalow with $46,000 bonus
Designer’s own home a sampler of her work
Buyers pay $206,000 over asking to outdo rivals for east-end semi
How Ontario's housing crisis got so bad
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "