this post was submitted on 25 Nov 2025
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Canada

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[–] DarkSirrush@piefed.ca 7 points 5 hours ago (2 children)

No, the solution is that corporations are banned from owning housing, and no individual be allowed to own more than 2 properties.

Housing being a portfolio asset and not a necessity is what has caused this mess, not foreign influence.

[–] velindora@lemmy.cafe 2 points 5 hours ago* (last edited 5 hours ago)

Agreed, But also, non-citizens should never own property

[–] SaveTheTuaHawk@lemmy.ca 1 points 1 minute ago

CRA needs to stop making real estate a tax haven. But we are now so over leveraged as a country, any changes would collapse Canada into a failed state. >80% of all the wealth in this country is now trapped in real estate.