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Everybody knows it, but everyone either lies about it or pretends it's otherwise. The primary motive of international students from low and lower income countries coming to Canada is for permanent residency, registering into a post-secondary course is just the price to pay for PR as far as they are concerned. International students know it, the government knows it, and post-secondary institutions know it. Let's all drop the education charade and have a clear cut policy about immigration through education. One easy way is by strictly requiring that all foreign graduates can ONLY apply for immigration from their home country after graduating from Canada. This is the only way Canada can control the timing, the process and the quality of people.

New immigrants dont integrate in Canada or Canadian life. The priviledge of going to school is for study not PR. Its not a back door immigration program. You dont go to any other country and make demands or protest. Few if any go in the needed trades so time to go home. The numbers are unsustainable and its killing communities with housing and jobs as well as limited resources like healthcare and education. Governments and post secondary have failed Canadians who have had enough of paying the price and need borders closed. Clearly somewhere along the line these students are coming with false promises and expectations. With housing crisis if Colleges and Universities cant house all those they bring over on campus and provide the housing then higher caps to meet who they can house. Failure to do so close them down. Most communities are in emergency state for homelessness so of course no sympathy or tolerance for protests. Schools are for study only not a back door.

There IS NOT a lack of housing in canada , there IS ONLY an affordability problem along with far too much immigration by volume and time frame . Our services and infrastructure (ie; transit services , health care , employment , realisticly affordable housing , finances , etc .) are no where near adequate to accomodate canadians even before the over populating of foreigners . They have been coming here and buying up all the affordable housing during , and post pandemic , with offers far above listed or fair market values , to push owners to sell without question or thought . Following this they stack multiples into these homes illegally and against code , to be able to take up all employment at wages that canadians can't survive on ,forcing them out of employment , homes or both . Once stable and trained to know that business operation , one of their people buy the business and no longer hire any canadians . YES ! TRUE FACT!! How is this accepted ? This is something we could never get away with anywhere .... Selling your country , one property at a time , is only absolute lunacy . They pay top dollar and care nothing about the money , because being that they own most of the businesses , they will get it all back from you within about a years time by raising prices ultimately to do so . Why we have been so run into a crisis within a silent war , is far of that beyond me as we should b lead by our suposed intelligence . There is only right now to react , and correct on this !! We want our home back as it was !!! Oh , and a leader is defined by one who leads , not one who experiments at the expense of our lives !!!!!!!!!!!!!!!!!!!!!!!!

And because housing and life is not affordable in Canada Canadians are leaving to other geographies in the global south (particularly latinamerican) to live their Canadian dream and in doing so they are really destroying the social fabric of these places. What they are doing to the Yucatán peninsula is really nasty. Local people cannot afford life at home because Canadians and US-americans are raising prices everywhere. People should demand their governments to solve the crisis, and at the dime they should organize in communities to gain back their self-determination, instead of flying to other places and continue to spread crises.

I guess the other reason for outrageous home prices is foreign investment in the housing sector and/or private equity buying up large amounts of homes. Or is that annoying to point out?

Stop the blame game , shame on you blaming immigrants and foreign home owners these are a tiny proportion of the population and homes . Real estate agents are the biggest culprits in the rise of prices. I’ve been there several times as telling me my house is worth hundreds of thousands more or we can say exaggerated by 30% or more then my house is on the market for a year which is nota big deal for an agent they have 40 other listings and access to more moneymakers , I’ve sold my last 2 homes personally within days or weeks which were reasonably priced not overpriced this made everyone happy . Building a home is never a problem buy the land get proper permits and select a quality builder I’ve had steady employment and certainly not rich blue collar salary and never have been refused for a mortgage so if you want to build it’s always available , if you qualify for a mortgage.\nAs for your immigration babble do you like to eat food if the answer is yes you should appreciate immigrants, do you like the care you get in hospitals thanks again to immigrant nurses caregivers therapists, how about the next time you stay at a hotel/resort thank immigrants for cooking and cleaning , \nSure stuff costs more you can put some blame on lifetime pensions for politicians and senators for a few years work , over the top spending on government trips , the Governor General expense on wardrobe, minister of whatever buying new boots or shoes to make an announcement total abuse of taxpayer $ , government projects which get cancelled for who knows why and many projects which are unnecessary which are beneficial only to family and friends giving their private businesses contracts , same old guys club new blood is required with new ideas and purpose . \nCanada is expensive I’ll agree but still top 10 to reside in the world if you like life and freedom , eating regularly, lights on , water from your tap, getting to your job on real roads , getting an abortion , not expecting a hospital bill when you arrive home from heart surgery, the list goes on , whiners are are whiners the rest are makers and make our lives better .as for other post saying things are so much cheaper in the states , I don’t pay 10$ for a carton of eggs this happened last year in Arizona state the facts ,

Canada’s statistics are no different than Australia, USA and France for example in terms of homelessness and home ownership. Our foreign born population is about 20% -Australia it’s 22% - the USA the most immigrant fearing nation around has only 13% - that’s something to strive for lady!. \n\nCanada needs immigrants and lots of them to fill positions Canadian borns are too posh to do. \n\nWorld wide interest rates are high, housing developers are running into delays with things like world wide shortages and local communities having long convoluted permit processes, and volatile prices for home construction materials etc. \n\nWe Canadians are happy to buy from Chinese and USA manufacturers to the point we depend yet again on global markets. \n\nThe bottom line is the Provinces have authority over housing and haven’t wanted the Federal Government to butt in at all. It’s something that we have CMHC for mortgages and assistance to developers - but where are the developers? Not enough profit these days is there. \n\nI think we the people have failed in many ways. We need a scape goat and Trudeau is a very handy target. \n\nCanadians aren’t interested in repopulating by having more than one or two kids and so in order to sustain our economy and fill positions where do people think skilled and unskilled workers are coming from. Apparently being a nurse for example is not an occupation our children want nor do they want to clean toilets or work at Walmart or 7-Eleven. \n\nWe love shopping at Walmart with all its cheap Chinese goods and refuse to shop local businesses. \nWe get what we deserve. Yup, blame it on Trudeau! \n\nHa ha As if the Conservatives will do better! That’s the biggest joke of all

3rd generation albertan.\nUnfortunately single mom who was priced out of the current city I was born in. Luckily was able to purchase a home 6 years ago in a smaller town on the outskirts of the city. Now my commute is 2 hours a day and my gas bill has tripled and all my expenses. \nThen I drive into work as an educator and can barely make it through the day bc the school system doesn’t support the amount of students. Classroom sizes doubling, no supports, classrooms taking place in hallways. Had to go on stress leave awhile back, but could barely get medical attention. Had to literally beg a doctor to take me on.. only reason I felt I got medical attention was bc he was my mom’s doctor. Yup this is life now and not fair to anyone. Problem is I feel I don’t have anywhere to “go back to” \n.. I’d leave Canada too now if I could, def. Not what it used to be.

BS. Not a perfect time to move to Canada. ?? OVER TAXED, high food costs, high gas prices, VERY HIGH HOUSING PLUS SHORTAGE. \n\nCarbon tax , GST, PST, land tax , Canada is OVER TAXED!! Payroll tax , corporate tax, taxed on inheritance, taxed on sales of homes ? LIBERAL GOVERNMENT OVER TAXED CANADIANS. Higher interest rates! Country has had a dictatorship government. Don’t move to Canada!!??

BS. Not a perfect time to move to Canada. ?? OVER TAXED, high food costs, high gas prices, VERY HIGH HOUSING PLUS SHORTAGE. \n\nCarbon tax , GST, PST, land tax , Canada is OVER TAXED!! Payroll tax , corporate tax, taxed on inheritance, taxed on sales of homes ? LIBERAL GOVERNMENT OVER TAXED CANADIANS. Higher interest rates! Country has had a dictatorship government. Don’t move to Canada!!??

Dude made a mistake!!! He had paid the price in Canadian jail…. The man killed those kids it was tragic…. Should he be deported I don’t think so!!!!! He’s got to live with himself for the rest of his life weather here or in India ! But why didn’t the company owner get time? For putting inexperienced driver behind the wheel ? However going by Canadian law the man didn’t have his citizenship so based on rules alone he needs to go home….

the government cannot regulate greedy realters and people selling their homes at unaffordable prices

Some of the stats cited here are straight up wrong or... creatively employed, and there's a lot of contradictory information and the typical conservative 'the sky is falling' sensationalism and misattribution. That said, the bas supposition isn't wrong. The bubble we've been sitting on for 20 or so years has completely burst. As someone born and raised in the Toronto area, it's impossible for me to afford to own a house or apartment here on a teacher's salary. Even rent pushes me to the limit unless I want to live in a... less than nice area. I'm living hand to mouth and enjoying the benefits of living in a 'developed' country less. Here's why:\n\n1. Wages aren't really even close to keeping up with the cost of living. The first tick upwards a bit. The second just keeps rising on the back of housing, food, amenities, and inflation: the four horsemen.\n\n2. Our grocery cabal ruthlessly raise prices whenever we look away, and their lobbyists are all ensconced within the leadership of our three major parties, particularly the Conservatives (so if anyone thinks that electing them will help, they're in for a nasty surprise).\n\n3. We're experiencing 'labour shrinkflation': increasing duties are downloaded onto workers and more is expected: more productivity, more availability (almost 24/7 in some jobs), and higher qualifications. Meanwhile, real wages are decreasing relative to living cost, more positions are 'contract', which is basically a way for employers to not have to give you benefits, and job security is tenuous for a lot of people.\n\n4. Houses are being bought by investors and not owners. Foreign entities are money laundering. The wealthy upper crust of high population countries are moving here and buying property because Canada is (still) more safe and stable and less repressive than their home countries in most cases. \n\n5. There's a cycle beginning: as people are squeezed and forced to spend more on 'needs', they spend less on eating out, entertainment, and other 'wants'. These are significant drivers of the service economy and they're being hit hard. So, what can they do? They can let go of workers or lower product costs to remain profitable, but they their quality declines and, in a market where people are pinching every penny and looking for quality for their dollar, they're less likely to go back. They can raise their prices, of course, but then they price people out completely and their profits still tank. I went to a decent steakhouse for my dad's 60th last week. I can't remember the last time that I went to one before that. \n\n6. Our politicians and news cycles focus on the most niche and irrelevant stuff because it'll stoke anger and get tongues wagging. This carbon thing is almost a non-issue, but our conservative leader is harping on about it like it's singlehandedly the death of the Canadian economy when it's a drop in the bucket. Trudeau focuses on 'equity' measures, hoping for a bit of cheap good press, while his efforts are, for the most part, just window dressing and the issues, while meaningful, are often not of paramount importance or even applicable to the vast majority of the people who elected him. Meanwhile, the middle class is pretty much evaporating as he speaks. The NDP keep talking about this in a pretty real way, for what it's worth, but Jagmeet Singh is giving off an increasing vibe of just being another fat cat politician beneath his rhetoric these days. Also, third-party trolls and screeching conservatives try to bury him on social media whenever he speaks... a lot more than other leaders as well, oddly. I wonder why? Oh yeah, the Greens exist and there's Quebec and the conspiracy theory party.\n\n\nUltimately, what we're experiencing is the revenge of the feudal system. Instead of paying rents to your lord and doing labour on the land for him whenever commanded to, you pay rent to your landlord now and go to work even when you're sick or when work hours are over because you have no union protection or are working 'on contract'. Unless we want to live in the armpit of nowhere, 95% of us are going to be wage slaves living hand-to-mouth, not owning our own property, and working to please our corporate overlords if current trends continue unchecked. While some of Canada's problems are unique, I fear that most aren't. As for me, I'm headed to the 'armpit of nowhere' where I can at least have a ghost of a chance of affording life.

Ah, the reason home prices and rent were jacked up and left all of us poorer.

I had to leave PEI my home, to work in Alberta because so many of you immigrants drove the prices of everything so high. The government wouldn’t do anything to help me stay home! Fk you leave!!!

There's hundreds of YouTube posts online precisely like this post. \nI'm not going to get into how long my family's been in Canada . Because it comes off as like a bragging or a snobbery and I don't go for that. I just want to put it out there Canada is not a destination for purely economic exploitation. \nIt's a place you know for people who I saw people from the former Yugoslavia comment online. Their parents were extremely happy to get out of there in the 90s.. you know they left in the 90s and it's what 2024 . First sight of hard economic Times they decide to pick up and go. \nYou know not a lot of loyalty. But I think you're going to be happier going back home for skin is a free country or free to do that and I wish you all the luck \nLet's see 2 weeks ago I had an accident at work I got four stitches in my scalp I was in and out of emergency in 5 hours which I thought was reasonable.. last week of came down with stomach flu and went to the walk-in clinic it opened at 9:00 I was at 9:15 I waited 10 minutes saw the doctor . I live in Calgary Alberta Canada which is the third or fourth biggest city of Canada experiencing record migration into the town so yeah there's big pressure on new housing. \nI just like to put it out there that I love California and raised lots of generations here not a fanatical American now you know Canada first kind of you know raw raw patriotic Canadian. You know I love my country I'm proud of it proud of my answers and all the couple hundred years of hard work they put in it you have to make this country livable for extremely cold Northern geographic location.\nNow I have a large extended family Oliver Canada the United States Mexico Australia New Zealand parts of Africa England Ireland Scotland Denmark France. \nI've been very fortunate to be able to keep up with this huge family especially because of the internet now. \nSo I keep we talk regularly online and we do business with each other a little bit and some of the countries and Canada's doing reasonably well regarding the job market cost of living and you know those sorts of things. \nYou know we've gone through covid pandemic whatever you want to call that shut the economy down for a couple years worldwide. The worst mistake during the pandemic lockdown in Canada was the government shoveling out free money and people reinvesting it back into their real estate. So you have billions of Canadians locked out of their jobs big shovel taxpayer money and they all just started renovating their homes. To the point where sheets of plywood were you couldn't find them and they went up 100 times and price. Solo's hundreds of billions of dollars that the government's going to take back and taxes from us all draw the cost of housing through the roof. Instead of at the time redirecting half of those two it was 500 billion take a half of that investment in putting it into infrastructure technology innovation for industries. Our education systems from kindergarten through to postsecondary education and spending it on the Canadians that were here. We've turned our post-secondary institutions in Canada into diploma Mills where you know your VA and your you know postgraduate degrees or you know they're worthless. However the government and the education system grew into a very profitable industry grinding out worthless degree after worthless degree for foreign students who thought when they got these degrees with 50% of Canadians have. People have to realize that post-secondary education is a big business so they're going to sell you a dream that's going to cost you a lot of money what I suggest is when YouTubers want to do something on Canada do some proper research let people know that we really do have quality post-secondary education system but you have to look at when you graduate those jobs going to be there to pay that large salary does White collar jobs are disappearing almost gone I purchase an app for my company with small company about 10 employees this inexpensive app alone has taken my office staff from 7: to 2: I have a 10 Red seal tradesman tradeswomen these 10 highly skilled trades people earn between 125 and 145,000 a year in gross salary and I need five more of these highly skilled people and I can't find them cuz everybody's running in to get a useless postgraduate degree. I do find it slightly offensive that a lot of new immigrants new Canadians immigrate to Canada to purely exploit it for its wealth Canada should be looked at as a place to come put your hard work in the struggles the ups and downs? and look at it as your home instead of you know a piggy bank but people are going to leave and there's a long line up to get in I've seen in my 40 year career you know three major reps and three major downs. What's happening in Canada's economy and the economies around the world it's all the same the US economy's doing quite well and talked to last couple of weeks friends that have invested their and families have been there long-term at present the United States is building a war economy so there's money pouring into that effort it does have a booming you know Hi-Tech boom as well however the tech boom is offshore with American companies and it's taking place in a part of the world that no one would think it would take place so if your graduate in the tech industry go online do a little research you'll find out where it is the USA is building a huge chip factories I think they just poured in 70 or 80 billion dollars we're in a transitioning economy don't get discouraged put your head into it do your homework find out where these new jobs are coming from which jobs are not going to be here. Traditional White collar you know middle management upper management jobs they've been gone for years everyone's think of themselves as an independent contractor. Also if you're a millennial or was a gen z person there's going to be a massive transfer of wealth over the next 20 to 30 years as baby boomers simply die off and then you guys are going to inherit their money I live in any one of the g7 economies I just got to find your niece with your qualifications and get in there and innovate because there's not one g7 country that significantly doing better than anyone else another interesting part of the world is East Africa I'm retiring there in 5 years I've already done my homework I've already got partners I've already started to train up people there in East Africa Canada and those parts of the world they have East Africa's great basic infrastructure so now that they've got their first level base of infrastructure a second economy is built off at the service that basic infrastructure that basic infrastructure allows for that second layer a bigger layer of investment you know and that's where the real money is for mid-level investors and you know highly educated Young westerners have got 10 years into their respective careers and these are also very beautiful countries you know so you can if you got family in Canada family in Europe India Asia you know you can start building networks collaborate on projects you know in these you know emerging economies you know mid-level economies but that's you know a good 20-year grind to get good at your career and build your confidence to go into these places and get these things done also you know it's a great life adventure but never expect just because you have an advanced degree that the door even come knocking down your door to employ you if you're going to wait for the opportunity to come to you you're going to be waiting forever you got to take your advanced degrees get out there and hustle and work hard man Canada's doing fine about four or five years it's you know it's going to take off next level and it's going to boom for 40 years and it's never going to get any cheaper in g7 countries Amy's emerging economies his pockets around the world they're starting to come up to in the window to get into these emerging economies with your advanced degrees it's closing if you don't make it if you don't start looking at it in the next 5 years your degrees are going to be gone useless and if you do decide to put your career in these emerging economies like Asia South America Central America Africa do it for the right reasons not just for money we don't want to make the same mistakes as like the industrial Revolution where a few people get rich and the people in that country you know don't get anything have respect for these countries employ their people and you have to get into these places before all the big corporations get set up there cuz they're they're going there Canada's a great place as a great time free medical system and I urge anybody that's feeling down or depressed in Canada you know to go get some therapy join some clubs talk to people don't get down and mostly don't you know don't give up on yourself you guys made it through you know Elite post-secondary education system and if you can if you can do that I mean you can you can do anything a lot of hard work ahead truly best of luck to all you guys

Main problem is influx of immigration.. more people less homes hence the prices get higher it’s sale and demand ?‍♂️

About half a million people immigrated to Canada in 2023. Mostly Ukrainians, Haitians, Indians, Chinese, Afghanistan, and Nigerians. I guess *some one* wants to live in Canada. PS The average home price in Saskatchewan is currently $324,400... but you have to live in Saskatchewan.

1. Profiteering on housing Should be globally illegal. \n2. Banks are also a big problem in affordability since they will not stop getting their 300% + profit on a home. \n3. Housing price competition? These are Not commodities. \n4. Housing should be a Human Right, not a PROFIT right.

2:02. Simple foreign investment. Less supply= higher demand, = higher price. \n\nForeigner build up homes like investment. Than there's less for the citizens for them to live in. It's smart of those who can make fast money.

We are Canadian and our entire family is dispersing to other locations in the world. Somehow (insane) realtors got it in their head =s that Toronto was like NYC, when in fact Toronto was growing w/ immegrants but was NOTHING like NYC. Those greedy nut balls raised the prices of homes 10 x over within a few years and now many Canadians are living in tents. If you want to live well, don't move to Canada. You'll live and DIE working. Period. No enjoyment.

holy crap. Sorry but as a Nova Scotian I have to strongly disagree . Our housing costs both renting or buying has gone crazy in the last three years . We have people living in tents even in the winter. Homelessness is in crisis. I personally have a friend in her 60s and sick and will be homeless in 3 days as she cannot find an apartment much less afford one Prices in everything has gone sky high. While salaries stay low. Every where you look now you see garbage just thrown. Last year we had devestating floods and wildfires. University students get her and cannot find housing. One international student is paying $400 a month to sleep on a hallway floor. I know housing in all our provinces is a problem. Tent cities are everywhere. People poyring in without us having the means to house them has caused terrible sufferring for all. People shoukd not come to NS at this time. Wait until there are places built to house people. Also our healrh care system is in crisis. I love my province but I dont even recognise it anymore. It is so sad what is happening here. People come here from away and some start youtube channels to tell people from their home countries Not to come here.

Glad to see you leave. As a child of muslim refugee parents, I was born in Canada and love this country and what it has done for my parents and myself. I would not have the high quality of life that I do now if I were in my parent's home country, which to this day is still at war. I hope more muslims like you who live in western countries leave instead of complaining and trying to make it more Islamic. Canada is not an Islamic country, it is a country for all so there will be things the government or non-muslims do that don't align with Islam. That's the price you pay for living in a peaceful country.

I’ve been in Canada for over 24 years and I have never seen it like this in my life!\nThe main cause of the majority of issues is the housing crisis.\n\nWhat a lot of you might not be aware of is that we have not been building homes to keep up with the demand for over two decades. That’s why the price for housing has increased astronomically. And then our government decided to basically allow unfettered immigration in order to take advantage of the new immigrants’ money so they can use it to fund the Canadian Pension Plan.\n\nJust an FYI, the way CPP is funded is that the current group of working people are paying for the current group of retired seniors. And due to the lack of childbirths and people living longer, the CPP can no longer afford to take care of all the seniors in its system. Thus, the government devised a plan to have more people coming here so as to milk the money they have. Actually, they’ve even gone to the extent to basically allow seniors to be willingly euthanized… it’s absolutely bonkers.\n\nBut anyway, I digress… so then with housing at astronomical prices, you’re now pushing out the poor people onto the streets, causing homelessness. \n\nAnd when people are homeless, the average person will do drugs to escape reality and commit crimes to survive. Which is why it’s now increasingly dangerous in public spaces. \n\nThen, the transportation also never accounted for such a massive increase in population. At least not in Toronto. Which is also causing major inconvenience to go anywhere. \n\nIt used to be that if you lived in the suburbs, you could drive into Toronto pretty quickly but now, it takes like an hour and a half to two hours, making it extremely difficult to get around. And also, hard to take advantage of the “lower” housing prices in the suburbs.\n\nBut that’s not all. Part of the issue is that the Trudeau government wants to no longer have Canada use our oil and gas overnight, which is causing the increase in gas prices. Many Canadians still rely on gas because electric cars are not efficient in Canadian weather and are simply too expensive for your average person. And yet they cut off our supply of oil and gas which causes the price inflation of transport and anything that requires to be moved such as groceries and supplies.\n\nAnd don’t get me started on how our healthcare system is falling apart… even though we pay some of the highest taxes in the world…

Same here in The Netherlands - house prices are now beyond the average young couple. At least in Canada they have space to build new homes in.

Most of what was reported here is true but the housing market and rents have skyrocketed all over the world since the Chinese government F'd everyone with Covid-19. At first there were supply chain issues with all goods so businesses said we have to increase prices. Once supply issues were back to pre-Covid-19 levels businesses did not & will not lower their prices on goods because , we as a society do not take matters into our own hands and boycott products\\company's etc. Now obviously we cannot boycott all goods & services but the majority we could and that is the only thing that would cause action among companies to lower bank fees, fast food prices, grocery prices, cell plan costs etc.\n\nWith that said, you picked two of the highest and most sought after city's in CAN to rent & or try to buy a home. Although rent & home prices have really jumped all over the world in the past 3-4 years, more affordable (still not cheap) housing, compared to Toronto, Vancouver, can be found all across CAN. My sister & brother in law found an apartment to rent in Winnipeg without any difficulty or waiting. \nThey are immigrants and entered on her student Visa & he is a computer programmer. They are not struggling to eat but they have to follow a tight budget since she cannot work but 20 hours a week as a student and they have 1 kid, a car payment,utilities, cell plan, etc. They have filed for their PR and I suspect they will be approved since his job is in demand and she will graduate from College there in 4 months or so.\n\nOne thing I noticed, when my wife & I went up to get them settled in, is that the government (national & local) taxes you all pay out of the wazzoo on everything! I think the only thing that wasn't taxed was air. ? I know most of this is due to the healthcare system, because the money has to come from somewhere. Don't misunderstand, I like the CAN healthcare system better than the US's, because the insurance companies stick it to us as well, but both have their pluses and minuses.\n\nCAN does have a much easier system for immigration. If my sister & bro in law could have come here we would have been glad for them to stay with us and help them get started but the backlog is just so long to wait (10 + years). I also LOVE CAN because you uphold your laws and DEPORT illegal immigrants instead of letting them pour into the Country, by the millions each year, and the majority eventually trickle into the population illegally, who get jobs & pay no taxes (other than sales tax) no driver's licenses or vehicle insurance and get 100% free medical and hospital care anytime while legal US citizen's pay high premiums, into social security and their income taxes each year.

Can’t afford to live in Canada? Come to California, home and cost of living and gas prices are great here :)

This is how Australia is now. About 15% try to fit in. The rest are able to buy houses driving up home prices. Dangerous drivers, no care and distracted actions causing accidents so insurance has gone up a third

Please explain on how homes get sold and prices increase when nobody can afford them?

I visited Toronto and my home town last October. Was shocked at prices. Everything seemed to be double from my previous visit. The carbon tax is just cruel.

One of Canada's problems is that 90% of all their inhabitants live within 120 miles of the U.S. border, so most\nare seeking to buy homes in the same area, thus 'skyrocketing' prices! We must remember though, that the \nCanadian dollar is only worth $.75 American, so a $400k house would only be $300k in the U.S. & $3k rent would be\n$2,250. here! The biggest problem is that Canadians are woefully underpaid & should also demand a major tax break!

Want prices go down in Canada? Go home. As soon as immingrants leave the housing prices will go down as the demand declines.

Mr. Beautiful needs to go. He has destroyed this country...people cannot afford homes, crime through the roof. Most of Canadians saw this coming, but the new Canadians votes for him as they saw great opportunities to have families come to Canada. At the end we all are paying the price. Liberals simply bought votes and screwed everyone at the end. $80k job does not get you anywhere now a days. It is better to move to US rather than being here.

Mr. Beautiful needs to go. He has destroyed this country...people cannot afford homes, crime through the roof. Most of Canadians saw this coming, but the new Canadians votes for him as they saw great opportunities to have families come to Canada. At the end we all are paying the price. Liberals simply bought votes and screwed everyone at the end. $80k job does not get you anywhere now a days. It is better to move to US rather than being here.

This is why people hate politics, hate politicians, distrust the government, feel hopeless to ever own a home like one they probably grew up in that was 10 to 20x less expensive than prices they are facing. The home I am sitting in cost $120K when it was built in 1977, now it recently sold for $1.2 million, a 10X increase in price, up from $400k just 10 years ago. So now to own a normal middle class home in suburbia near Seattle, you have to make $250,000 per year in income, so the American Dream and American Middle Class are vanishing ideas.

Smh ??‍♂️! Regeneration is the church where all the addicts go to get their last meal! It's hopeless for them ?! I know that area very well and something needs to be done about it! Those people need to be told about somewhere else not just that area! They're taking all the jobs in that place ?! No one is able to get work if you're not Indian! All the Tim Hortons, fast-food and factories, all Indian! They work for less which is what makes it hard for people who lived here for their whole life to be paid accordingly! Plus they drive up the prices of homes ? in the area with all the buying and reselling! They don't buy to live they buy to create slum houses! Now they expect normal Canadians to live like them! No one better not talk to me about living like that ?! It wouldn't end well!

Woah and I thought the American housing crisis was bad, but Canada just takes the cake to a whole other level!\nI mean sure there are the expensive states, like California, but not even their prices pale in comparison to the absolute monster of renting or buying a home in Vancouver or in Toronto.

I'm a real canadian. I'm retired. great pension, great home, great country. It wasn't always easy. i struggled many many years to get by. However bad times don't last forever...Prices go up, prices come down. all the immigration coming in and no new housing built. slam the door shut.

There are ten million Filipinos in BC alone according to Stats Canada, more than this amount of Chinese and the latter group brought drug money into Canada buying real estates and increasing the price. On top of that empty homes sat across Bc and Ontario with the owners living abroad...this problem has been existing for the last 40 years...and the typical MP bought out by Chinese government with election money blame Mexican migrants and International students form India. How despicable. Drugs are entering Canada from China. The Chinese cartels are puppeteering the Sikhs to sell drugs and fight over territory by drive by shootings and burning cars..all planned by White cartels working with the Chinese cartels. As long as there are massage parlours for white people owned by Chinese, there will be discrimination of. this nature and level against ethnicities to take the heat fro the Chinese and throwing them under the bus.

home ownership is out of control in Canada because of Chinese moneys in real estate. I understand this is targeting Justin but the real issue is the Chinese investment pushing up prices to unreasonable levels. This is happening in other countries like Greece. New millionaires are picking up real estate in record numbers and thousands of new millionaires are being created in countries like India and China. Many of this could be money laundering like Russians and Chinese do in London and Dubai. What Canada needs to do is make it more expensive for overseas investors to buy homes, crackdown on criminal investments, increase the stock of homes, and reduce construction costs. Trudough does not have the balls to do any of this, as liberals generally lack discipline to be financially prudent.

The underlining issue wealth inequality. The middles class is being attacked and they don’t even know it.\n\nIf there’s no legislation or bill to stop rich from buying middle class asset it is going to get worse. The rich is always going to have money. \n\nAnswer is to nationalise the housing market. That way you can build homes and sell it or rent for a affordable price.\n\nImmigration is a scape goat. The issue is tax the rich and wealthy elite.

Problem with housing is no government wanted to build new homes. It doesn’t matter you choose conservative or liberal. If they build new houses fast and cheap ( which they can ) the whole artificially inflated housing market will collapse. Then existing house prices will dramatically decrease. Which is bigger electorate. And nobody wanna loose that ( be it any political party ) so new immigrants and students can go to hell. They are just scapegoats.

Ultimately if you don't like the conditions where you live, we all have 2 feet that we can use to walk away and leave an expensive city (or country). There are far, far cheaper places to live in North America (see nearly any Latin American country and most South American countries). You vote with your feet: literally just leave and move to a cheaper cost of living area. It's baffling how expensive homes in Vancouver are, yet they cost 20% as much if you move to a rural place in Manitoba or Saskatchewan. \n\nYou actually don't have to continue pay high prices; only if you choose to not act and stay in your current expensive city.

Canada is a disaster. Trudeau and Sigh are a disaster. Crime is rampant. Home prices are astronomical at one and two million dollars. Florida has brand new nicer homes for 25% of the cost at $350k. Does Trudeau think that home builders are going to build and sell for 25% of current prices? Then all those Canadians that paid $1 and 2 million would all be bankrupt having a mortgage at $1 and 2 million. Immigrants couldn't care less about Canada, and want their neighbourhood to look just like the one they left in the other country. Trudeau and Singh have done a wonderful job of destroying what was a wonderful country before the woke/progressives came to power. A renter on Vancouver Island.

it’s not leaving your comfort zone and indian food aroma but how much price you pay for that instead,also please don’t close your door s back home,

And Sudbury home of pot holed roads over way over priced bus transit.

Iceland has some beautiful homes / prices and landscape

Now, record prices for homes, rents skyrocketing, groceries costing more... sigh

Home prices are on the up in pretty much everywhere in the developed world. But it's true it's more extreme in Canada. I don't see a major housing crash anytime soon and so home ownership will remain inaccessible to a large portion of the population. That said some measures could be taken to calm the market, for example, banning HELOC's would take away some liquidity from the market and thus less speculators. Also producing public housing accessible to a wide range of incomes, with some conditions (like how they do it in Austria) should be a mandate in all provinces similar to the way healthcare is. These measures may not be a long term solution but they certainly can help the next couple of generations.

Forget buying a home, Rental prices are equally ridiculous. There is very few homes/condo/apartments, no wonder kids live with their parents into their 30s and 40s.