Housing, Diversity and Inclusion Minister Ahmed Hussen discusses new measures in the federal budget designed to cool the housing market.
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I like how the original question is about target goal of average home price and he rambles on about housing supply and demand for 7 mins
And he seriously didn’t have a reply if the prices were going to drop after these measures !
I love when he says “Canadians understand” and puts words in my mouth.
Trudeau opens his sentences with Canadians want….gets under my skin.
These “Foreign Buyers,” will it include Blackrock?
Bingo.
When an answer starts with “As you know”, the answer will always be off-topic.
my answered as Canadian citizen is ” no. this budget will changed nothing for the most vulnerable Canadians 🇨🇦
“What will the impact be?”
“Well there will definitely be an impact”
Thank you Ahmed, very informative.
affordable housing = 1million dollars home that no one has money for. this just balloons the housing markets going to collapse. thing is all being propped up
These new measures are practically toothless. The situation is so disappointing and depressing, especially when you know the gov can take more stringent measures but they aren’t.
I like the new rules, but they don’t go far enough. Stop venture capital firms from buying up single family homes to use as rental properties and force them to divest themselves of ones already owned.
Despite being asked more than once, there was no direct answer to the question “is there (or not) a specific target for average home price to come down to, relative to current stratospheric levels?”
Typical of government “efforts”. Would a “prudent” person or business make an investment without a measurable target return? Target could even be a range.
No, because there is nothing in the budget that will actually cool it.
Politicians are the biggest investors, they don’t want prices to drop. Not to mention their astronomical salaries and pension.
Liberals’ approach to housing remains relatively unchanged: preserve the gains made by older generations, don’t look too closely at speculators and investors, and most certainly don’t touch the profits of “mom and pop” landlords (an investor class that includes Housing Minister Ahmed Hussen, along with a not-insignificant number of other MPs).
my answered as Canadian citizen is ” no. this budget will changed nothing for the most vulnerable Canadians
Evan did a horrible job here. These politicians don’t want to answer any question directly, and our journalists need to force an answer out of them.
How hard it is to say that we haven’t set a target price drop.
Ultra instinct Ahmed, dodging one question in 4 different way
my answered as Canadian citizen is ” no. this budget will changed nothing for the most vulnerable Canadians
my answered as Canadian citizen is ” no. this budget will changed nothing for the most vulnerable Canadians
When an answer starts with “As you know”, the answer will always be off-topic.