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submitted 8 months ago by MicroWave@lemmy.world to c/world@lemmy.world

(Reuters) - Canada on Sunday announced a two-year extension to a ban on foreign ownership of Canadian housing, saying the step was aimed at addressing worries about Canadians being priced out of housing markets in cities and towns across the country.

Canada is facing a housing affordability crisis, which has been blamed on an increase in migrants and international students, fueling demand for homes just as rising costs have slowed construction.

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Why you acting like we can only do one of these things?

I'm not, please don't assume that. It sounds like we're in agreement here, so I'm not debating you, but rather adding to your post, I suppose. It sounded like you wanted to extend the conversation towards solutions to the housing crisis in general.

[-] Taleya@aussie.zone 6 points 8 months ago

all g I realised that came across a bit more antagonistic than intended. I meant it more as "let's do ALL of it mwahhahaa"

this post was submitted on 04 Feb 2024
382 points (99.5% liked)

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