Trends in the Housing Market ! - Ban Foreign investing ?

Trends in the Housing Market ! - Ban Foreign investing ?

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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.

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Tags:
mike martins
uneducated economist
macronical
trends in the housing market
housing bubble
housing crash
housing correction