05-13-2021, 03:35 PM
(05-13-2021, 10:56 AM)ac3r Wrote: Local house prices will rise at ‘accelerated pace’ through 2021: https://outline.com/vA6PfH
This country is so messed up with housing and not a single thing is being done about it...
Things are being done to increase the availability of housing. Whether they are the right things is a whole different question. But, right or wrong, many of them take significant time to have an impact.
- Intensification of urban areas (many areas, including our region)
- Tighter mortgage stress test (federal, proposed)
- Speculation and vacancy tax (BC)
- Foreign buyer tax (Vancouver)
- Non-resident speculation tax (GTAA)
- Granny flats/tiny homes (Kitchener and other cities)