Housing costs have skyrocketed in Canada – disproportionately affecting the youngest and poorest Canadians who are already economically vulnerable. It’s time to take action against speculators and investors who inflate the values of Canadian homes. Homes are for living, not speculating.
Housing is scarce and expensive. Renters face high rents and housing insecurity. First-time homebuyers are desperate to get into the market before prices skyrocket further. Long-time homeowners wonder where their kids are going.
There’s no single cause for the housing crisis and there’s no single solution. All levels of government must implement policies that reduce demand and increase supply, such as: