Affordable Housing

What will the Freedom Party of Canada do to make housing affordable for all Canadians? 1) Stop Immigration - Trudeau has flooded Canada with immigrants and paid them more money to live than Canadian citizens or Canadian Veterans! And if we have immigrants who hate Canada or promote practices that promote hate from other parts of the world, they will be deported back to where they came from! By flooding Canada with immigrants, the law of supply and demand kicks into place. He has set up Canada (on purpose) to have more people seeking homes than there are homes available. What does this do? It jacks up inflation of rentals and homes for sale making it unaffordable for over 90% of Canadians to find a home or afford one. Under Trudeau the average price of a home in Canada is over $700,000. I’m not sure about the math on this one, but I heard that you need an income of approximately $241,000 to be able to afford a home with a mortgage for that amount. Most people can’t even dream of this. Your kids and grandkids sure can’t. 2) Stop Canadian Home Ownership by Foreigners (as well as all properties)! Foreigners have scooped up a lot of Canadian Real Estate over the years, flipping real estate to make big profits but in the meantime, also jacking up the prices so they become unaffordable to the masses. We will require every person making an offer on a home and purchasing a home to have a Canadian Passport which must be shown to the realtor in order for the sale to be completed and must be part of the paperwork of completion. 3) All Foreign Home Owners who have made more than a 5% profit on purchasing homes in Canada in the last 10 years must put their homes up for sale at a price that is only 5% greater than that which they purchased it or risk the home being seized by the Canadian government and put back on the market for a price equal to the price they purchased it. 4) All homes purchased within the last 10 years which are now for sale on the market must have a purchase price no more than a 1% per year increase from the price of which it was purchased. All these people who wanted to get rich in real estate by tripling the price of the property they purchased, will be sadly disappointed. 5) What is more important in Canada…. the ability to possibly get rich in real estate or the masses of this country having affordable homes? The Freedom Party of Canada says “screw the rich and elite wannabes” and let’s make housing affordable for each and every Canadian! 6) Every Canadian who is an adult citizen and who is full time employed will qualify for a mortgage regardless of past credit history. How can you do this you say??? Imagine a situation where someone has had a history of substance abuse… they didn’t pay their bills in order to get high or drunk. Then their credit got destroyed! Why… because there wasn’t enough money left over to pay the bills! In our scheme, we take the opposite approach! Your employee wages will be garnished your mortgage from your employer before you see any of your pay cheques. Therefore….you can’t default on your mortgage as long as you are full time employed and don’t lose your job. If you lose your job and can’t make payments, you would have a 3 month grace period to catch up. If you don’t catch up in that period, the government seizes the property and puts it up for sale. Who wins in this situation? a) The person with the bad credit rating wins because they wouldn’t have been able to get any house to begin with…they are given a second chance. b) The government wins because they get tax money from the property and if the loan is with the government (more on that later) then the government gets interest on the loan. Additionally the government wins because if they default on the mortgage, they get the entire value of the house paid by the next buyer. And finally, the government wins again because in the next election, what person who was given a second chance and a home to live in isn’t going to vote for that government to keep them in power??? 7) There will be a 5 year freeze on all rents charged by landlords. Rental averages for towns and cities will be established. No landlord will be able to charge more than 10% above the local average. They will have to demonstrate to a real estate board that their unit is worth the extra 10%. Landlords will have to show their rental incomes from properties for the last 10 years. Any who have upped rent more than 10 percent from 5 years ago will have to drop their rent to the price they charged 5 years ago. 8) There will be a Canadian Bank created by the government that will give out credit at much reduced rates from other lenders and who will secure funds and not be associated with the World Bank. This will be entirely Canadian run by Canadians. Thus anything that happens by a World Banking system such as Central Bank Digital Currency will not be allowed to happen here and will not affect Canadians… we will become self-sufficient without relying on foreign banks. 9) The Freedom Party of Canada will bring down the average price of a home in Canada from over $700,000 to under $200,000. 10) The Freedom Party of Canada will create a massive amount of new affordable housing to drive housing prices down! In each province new towns named “Hope” (and in provinces already having towns named Hope, they will be called “Prosperity”. Each of these towns will be constructed from the ground up to have affordable housing for everyone! 11) The Freedom Party of Canada will have as it’s 5 year goal, providing free electricity to every home in Canada!! Nikola Tesla’s dream will be reached! How? Through new Nuclear Energy stations throughout the country. Nuclear energy is the most efficient and clean energy available. Where will you get rid of the nuclear waste then? I can hear the environmentalists protesting already!!! “Not in our town…or area”. Of course not! We will get rid of the used uranium in the exact same spot it was mined from. Except we will use very deep burial so that water tables and the environment cannot be damaged in any way. So now you will have an affordable home and you’ll be able to heat your home for free, saving you thousands of dollars on mortgages or rent and several hundred dollars per month on electricity and heating, thus putting more money in your pocket to live the good life!!! Click the image below to see a Video about how Homelessness is Spiraling Out of Control under Justin Trudeau Homelessness spiralling out of control under Justin Trudeau. He has no plan to solve this problem….instead his Just-Inflation exacerbates the homelessness problem! Click the image below to see a Video about how House Building in Canada has Many Obstacles Click the image below to see a Video about the Ridiculous Costs of Housing in Canada Trudeau Announces New ‘Bill of Rights’ for Renters (Epoch Times, 3/27/2024) “We know that one of the biggest issues people are facing is being able to afford a place to live, whether you’re making mortgage payments or rent,” Mr. Trudeau said during a press conference in Vancouver on March 27. Mr. Trudeau said nearly two-thirds of young Canadians are renting their homes and spend a greater share of their income on housing than previous generations. That’s because of your corrupt policies Mr. Trudeau! Trudeau wants to allow tenants to “negotiate their rent”. What an assinine policy. Landlords are going to say… “See ya…. Next”. Click the image below to see a Video by Epoch Times Josh Phillips talking about the Housing Crisis and What We can Do to Solve the Problem Canada Should Cut Immigration to Ease Housing Crisis, Canadians Tell Federal Researchers (Epoch Times, 3/27/2024) Canadians want the government to cut immigration to ease the housing crisis across the country, according to new focus group data. Asked whether they thought Canada was currently experiencing a housing crisis, all believed this to be the case… “Asked to identify the most significant challenges related to housing that needed to be addressed by the federal government, participants put forward a range of responses,” it said. “These included building more homes, providing greater assistance to first time homebuyers, lowering interest rates, temporarily reducing the rate of immigration as a way to alleviate demand for housing, and banning real estate speculation.” In 2023, 471,771 permanent immigrants moved to Canada, and an additional 804,901 non- permanent residents arrived, according to recent numbers from Statistics Canada. That’s 1.2 million foreigners competing for homes against you… Canadians…. the Freedom Party of Canada is gonna put a stop to this…. Pronto! Home Prices Could Hit Peak Levels by Next Year, Set New Highs in 2026: CMHC Report (Epoch Times, 4/4/2024) The Canada Mortgage and Housing Corp. is forecasting home prices could match peak levels seen in early 2022 by next year and reach new highs by 2026. The agency’s latest housing market outlook report also says housing starts in Canada are expected to decline this year before recovering in 2025 and 2026, reflecting the lagged effect of higher interest rates on new construction. Trudeau’s Carbon Tax Inflationary Policy is Ruining Canada including the housing industry! Housing prices in Canada are prohibitive! It costs way to much to build. Freedom Party of Canada will reduce these prices and make home building affordable again!!! We will bring in federal law that makes it affordable to build and help supply of housing meet the ever increasing demands for housing. We will also stop the immigration so that the demand stops skyrocketing! Housing costs in Canada are absolutely ridiculous… Toronto and Vancouver being among the most expensive in the entire world! The Freedom Party of Canada will introduce legislation to make building a home one of the most economical in the entire world….enough of this bureaucratic nonsense!!! Nowhere is the shift to a zero-sum economy more acutely felt than in Canada’s housing market, where the fundamental dreams of homeownership and the possibility of starting a family have slipped beyond the grasp of most. Skyrocketing prices and soaring rents have entrenched a chasm between the property-owning class and those left floundering in their wake. The crisis has been dramatically worsened by a constellation of policy blunders. Beyond a mismanaged temporary immigration system, a labyrinth of broken housing policies—marked by draconian land use restrictions, punitive taxation, and byzantine approval processes—is crippling our economy rather than buoying it. These misguided policies exacerbate the housing shortfall while applying intolerable pressure on our infrastructure. Despite the current challenges, it is essential to remember that Canada remains an exceedingly wealthy nation, blessed with abundant natural resources, significant capital, strong trading relationships, and a highly educated population that is deeply integrated into the global talent pool. This wealth underscores the shock of our present stagnation, which derives not from external forces but the consequences of our own bad choices. (ie. Trudeau’s bad choices) The antidote to our challenges is to embrace an “abundance” mindset. This implies a political priority to ensure that the essentials for robust social health—such as housing, energy, health care, and transportation—are plentiful and give people options. Systemic reforms must address the housing crisis head-on, significantly boost productivity, and ensure that the basics—crucial for a high-quality life—are within everyone’s reach. Achieving these outcomes demands leadership and bold action, including the possibility of the federal government devolving taxation powers to provinces in exchange for reforms. Such reforms should aim to eliminate interprovincial trade barriers, clarify jurisdictions, centralize regulatory frameworks, boost competition in Canada’s private sector, revamp land use and municipal governance, and reform the tax code. Furthermore, there’s an urgent need to overhaul public infrastructure procurement and construction practices, where poor state capacity has unnecessarily inflated the cost of building social and physical infrastructure. The challenge we face is not the magnitude of government expenditure but the extent of its overcomplication, overreach, and waste. (The Hub, March 15, 2024) Exactly right and this is what the Freedom Party of Canada will do. It will address the Housing Crisis head on…. reducing prices in housing and making loans available so that all Canadians can achieve the Canadian Dream of owning their own home! And it will reduce the cost and red tape involved in building houses in Canada! Canadians ‘Overwhelmingly’ Worried About Ongoing Housing Crisis, Household Finances: Poll (Epoch Times, 3/18/2024) More than two-thirds of Canadians are “overwhelmingly concerned” about the housing crisis and expect to see affordability and accessibility become worse this year, according to a new survey. But housing is not the only concern on the minds of Canadians: finances and government policies were also labelled as causes for unease among the majority of respondents. Seventy-one percent of Canadians said their household debt levels are increasing, causing “financial strain and instability,” while nearly two-thirds of those polled lack confidence in the government and the country’s economic stability. More than half of prospective first-time homebuyers were pessimistic about their chances of home ownership or have abandoned the idea altogether, the poll showed. That pessimism rose from 48 percent last September to 57 percent currently. “Government (at all levels) must prioritize initiatives and policies aimed at bolstering housing affordability, which may involve expanding housing supply, implementing rent controls, and providing financial assistance to prospective buyers,” Mr. Sheppard said. Watch the following Rebel News Video clip about how under Trudeau Housing is No Longer Affordable in Canada Canadian Apartment Rents Rising Four Times Faster Than Condo Unit Rents (Epoch Times, 4/15/2024) Rent for purpose-built apartments is increasing at more than four times the rate of rental condominiums, according to a newly released report. The average rent across Canada has substantially increased since March of 2021 when the median property cost stood at $1,670 per month, the report found. It rose to $2,181 this year, a more than 30 percent jump. Over $100,000 Income Required to Buy a Median-Priced American Home (Epoch Times, 4/7/2024) U.S. citizens need to make over $100,000 a year to buy a median-priced home, with the income needed to qualify to purchase a home jumping almost 50 percent over the past four years. “A combination of high mortgage rates, rising home prices, and low housing inventory over the last two years is pushing homeownership further out of reach for would-be homeowners, especially first-timers,” Bankrate said in an April 1 report. According to the company’s analysis, “to afford a median-priced home of $402,343, Americans need an annual income of $110,871.” This is “nearly a 50 percent increase in just the last four years.” Those are the American numbers. The Canadian numbers under Trudeau are even worse! Average home price in Canada is around $700,000. Who can even afford that? This is what Left Wing governments do….jack up inflation, bring in massive numbers of migrants to cause a housing shortage and jack up home prices so no one can afford one! The Freedom Party of Canada will fix this problem! Cory Morgan: Feds’ Renters’ Bill of Rights Proposal Is Rife With Problems (Epoch Times, 3/29/2024) Canada’s skyrocketing cost of living has been an issue plaguing the Liberal government. Few things undercut support for a government more than citizens having trouble making ends meet, whether the government is responsible for it or not. The Trudeau government has appeared to ignore the issue and remains fixated on carbon taxes, social justice, and overseas diplomacy. But when a person can’t pay the rent or afford groceries, policies in the name of climate change and conflicts in foreign nations become secondary concerns. With national polling indicating the Liberals could be relegated to third- or even fourth- party status in the House of Commons if an election were held today, reality has finally sunk in. The government has realized the housing crisis must be addressed and has crafted policies to try to deal with it. Unfortunately, the policy the Liberals have planned for renters appears poorly thought out and could make it even harder for people to afford a home in Canada. Compelling landlords and financial institutions to start using a person’s rental payment history as part of their credit rating may sound compelling at a glance, but it can offer some pitfalls. Adding more obligations to landlords in record keeping and reporting adds expense, thus leading to rental increases even if modest. Canada’s housing crisis is due to a lack of supply … Even if a person manages to get a fantastic credit rating through a good history of rental payments, they still will have a hard time qualifying to buy a million-dollar home in Toronto or Vancouver. It’s not a lack of credit keeping new buyers out of the market. It’s the high prices. Housing prices will only stabilize if we add a massive amount of supply to the market, or reduce demand. The government is currently bringing in legislation that will reduce supply, and they refuse to consider taking measures to reduce demand. We agree.. it’s the high prices…. the Freedom Party of Canada will enact legislation that brings the prices of houses down! Housing Prices Holding Inflation Up, Bank of Canada Head Says (Epoch Times, 5/2/2024) Housing prices are the biggest contributor to inflation in the country, says Bank of Canada Governor Tiff Macklem. Current housing prices are an important factor in holding inflation levels up, Mr. Macklem told the House Finance Committee May 2, noting that immigration has led to a rent inflation increase of 8 percent. Canada’s population is estimated to have surpassed 41 million in March of this year, according to Statistics Canada, increasing by more than a million in less than a year. Almost all of the population growth has been driven by immigration, particularly temporary residency visas which made up as much as 804,901 of the immigrants who arrived in Canada last year, compared to 471,771 permanent resident arrivals. So there are 3 problems here: 1. High housing prices hold inflation up 2. Immigration pumps up rent prices 3. All of our increase in population is because of mass immigration WHO IS RESPONSBILE FOR THESE PROBLEMS? NONE OTHER THAN JUSTIN TRUDEAU! The Freedom Party of Canada will bring down housing prices fast and stop immigration in it’s tracks and will bring down inflation in no time! You can count on it! Freeland Dismisses Concerns Liberal Housing Plan Is Unrealistic or Unsafe (Epoch Times, 4/25/2024) Deputy Prime Minister Chrystia Freeland is dismissing concerns that her government’s ambitious plan to spend billions of dollars to increase the supply of housing across the country is unrealistic or unsafe. Ms. Freeland spoke to reporters in Mount Pearl, Newfoundland, on April 24 and was asked how Ottawa expects to build 10,000 homes per year in Newfoundland and Labrador when the province’s home builders association says just 3,300 homes were built in the best year of construction. The Liberals come up with plans they never reach. But they have to in order to convince their base they actually care. The fact is… they are the ones who created the housing shortage with their massive immigration program to help destroy Canada and jack up inflation in the housing market. Standard of Living in Canada Dropping Steadily Since 2019: Study (Epoch Times, 5/17/2024) Standards of living have dropped steadily in Canada since 2019 and, without a turnaround this year, the country is set for the longest streak of deterioration in decades, according to a new study. The study published by the Fraser Institute, says Canada’s real gross domestic product (GDP) per person, an inflation-adjusted measure of the goods and services produced by the nation per individual, dropped 3 percent between April 2019 and the end of last year, from $59,905 to $58,111. The institute uses the statistic as a metric for incomes and therefore standards of living. “This represents one of the longest and deepest declines in real GDP per person since 1985, exceeded in both respects only by the decline and recovery that occurred from Q2 1989 to Q3 1994,” the study concludes. “However, the decline in incomes since Q2 2019 is ongoing, and may still exceed the downturn of the late-1980s and early-1990s in length and depth of decline.” This all, thanks to Justin Trudeau who has ruined Canada! Canada must more than double the average number of homes built annually to meet the federal housing plan (The Hub, May 31, 2024) Annual residential construction starts across Canada, from condos to bungalows, would need to more than double the average of the past 23 years to meet Ottawa’s ambitious target of 3.87 million new homes by 2031, ramping up extensively from previous years of stagnant construction. Bottom Line: The massive immigration caused by Justin Trudeau means that no plan for housing will ever meet the need of a burgeoning population which could have easily been avoided. This jacks up rental and home prices drastically! This is all on Trudeau. The Freedom Party of Canada will 1) halt immigration til our problems are solved and manageable and 2) Deport those who do not support Canada’s traditions and way of life. Click the image below to see a video by Dr. Steve Turley about how Blackrock may be buying up all the residential properties in the USA to cause a housing shortage. Evil…. Is this an RFK Jr. conspiracy theory? Some say it is and Blackrock is not buying up all the properties. However, with all the things the Globalists are trying to do, it would be wise to have a government that prevents corporations from buying residential real estate! The Freedom Party of Canada will bring in a law that says no corporation may own more than one residential home. Period. Rent Prices Hit Record High Across Canada, New Report Finds (Epoch Times, 6/7/2024) Rental costs have hit a new record high in Canada, according to the latest numbers from rental listing website, Rentals.ca. The average asking rent for all property types in Canada increased by 9.3 percent year-over- year to $2,202 in May, which is the first time it has passed the $2,200 level, the report says. The average cost of rent in May 2023 was $2,014. Vancouver is at the top of the 35-city list, with the average one-bedroom rental going for $2,671 and a two-bedroom at $3,628. In the lower mainland, Burnaby came in with the second-highest rent prices at $2,545 for a one-bedroom and $3,213 for a two-bedroom. Rent prices in Toronto were the third highest in the country, with a one-bedroom going for $2,479 and a two-bedroom $3,284. Mississauga took fourth place on the list with an average rent price for a one-bedroom at $2,339 and a two-bedroom at $2,702. Rounding out the top five most expensive rental markets in Canada was North York, where a one-bedroom costs $2,287 and a two-bedroom $2,696. The cheapest of the 35 Canadian cities on the list was St. John’s, where a one-bedroom costs $955 and a two-bedroom comes in at $1,149. Fort McMurray was the second cheapest rental market on the list with a one-bedroom costing $1,242 and a two-bedroom $1,473. Saskatoon came in third for most affordable rental markets with a single-bedroom place renting for $1,258 and a two-bedroom $1,459. Saskatchewan’s other major city, Regina, came in fourth cheapest, with a one-bedroom costing $1,259 and a two-bedroom coming in at $1,517. Quebec City was listed in fifth place with one-bedrooms renting for $1,353 and two-bedrooms costing $1,739. Provincial Breakdown Rental increases in Nova Scotia, Alberta, and Saskatchewan drove the annual rent inflation of apartments in the country, the report authors wrote. All three provinces saw at least a 2 percent month-over-month increase. Rental prices dropped in Vancouver and Toronto on an annual basis, with Toronto seeing a 0.9 percent drop in prices and Vancouver seeing a 4.1 percent drop. Toronto rents are still 4.4 percent lower than their high in November 2023. Vancouver rents peaked in July 2023 and are now 9.9 percent lower. The report says Edmonton remains at the top of the cities with the largest rent growth, with a 14.6 percent annual increase. However, rent costs in Edmonton are still lower than in Calgary, which saw a 7.6 percent annual increase. Lloydminster, which borders Alberta and Saskatchewan, is the city with the fastest-rising rents in the country. Rents are up almost 30 percent in this community over the past year, with an average rental price of $1,150, which is still 46 percent below the national average, according to the report. Type of Rental The data includes prices of rental apartments, condominiums, and townhouses. When broken down, the average rental price of a one-bedroom apartment is $1,942, while the same-size condo costs $2,087, and a one-bedroom townhouse comes in at $1,506. Rents for condo rental apartments increased 10.6 percent over May 2023, the report says, while apartment rentals saw a year-over-year increase of 13.7 percent. The cost of roommate accommodation has also risen over the past year, with May seeing a rise of 8.4 percent in asking rents for shared accommodations. The average price of a roommate-style setup is $992, with British Columbia costing the most at $1,191, followed by Ontario at $1,069. Alberta has experienced the largest increase in shared accommodation rents, up 9.6 percent from last year to $883. In Toronto, the cost to rent with a roommate dropped by 3.2 percent, sitting at $1,257, while Ottawa also saw a drop of 1.2 percent to $936, the report authors said. Roommate rental costs jumped 8.5 percent in Calgary and now sit at $915. However, Vancouver remains the most expensive city to have a roommate at $1,469, a 2.5 percent increase from May 2023. This is all on Justin Trudeau! His immigration policy that floods Canada with immigrants creates an artificial situtation whereby the number of people looking to buy or rent exceeds the number of affordable housing units. This is on purpose folks! It is an agenda to bring down the economy and bring in a Communistic Globalist One World Government. First they have to tear countries apart before they can propose their alternative government! Evil!!! BREAKING: Supreme Court rules cities can ban camping on public streets (PM, American News, June 28, 2024) The Supreme Court ruled in a 6-3 decision on Friday that cities can legally remove homeless people camping on public property. The Ninth Circuit’s decision in the case was reversed and the case was remanded for further proceedings. The Freedom Party of Canada will not allow homeless encampments in Canada. Homeless will be removed from encampments, taken to federal facilities, given employment, given accomodations, given food and a salary. Any rehabilitation needed will also be provided. We will end homelessness in Canada in 1 year. Two Canadian Cities Make Global List of Most Expensive Places to Buy a Home (Epoch Times, 6/19/2024) Two Canadian cities have been deemed “impossibly unaffordable” after ranking among the top 12 most expensive housing markets in the English-speaking world. A new report from Demographia named Vancouver as the third least-affordable city in the world while Toronto took 11th place on the list. Average Asking Rents Reached $2,185 in June as Growth Slows to Seven Percent: Report (Epoch Times, 7/9/2024) A new report says the average asking rent for a home in Canada reached $2,185 in June, up seven percent compared with a year ago despite representing the slowest annual rate of growth in 13 months. The report by Urbanation and Rentals.ca, which analyzes monthly listings from the latter’s network, says average asking rents decreased 0.8 percent from May—the largest month- over-month decline since early 2021 and atypical compared with usual monthly increases this time of year. Based on the report, the average asking rent for a one-bedroom unit in Canada was $1,918 in June, up 7.7 percent from a year ago, while the average asking price for a two-bedroom unit was $2,301, up 9.6 percent. Overall, asking rents for purpose-built rental apartments in June jumped 11 percent compared with a year earlier to reach an average of $2,121. Meanwhile, condominium apartment rents, which averaged $2,320, were up 2.6 percent. The majority of provinces recorded year-over-year increases in asking rents for purpose- built and condo rentals, led by Saskatchewan with a 22.1 percent gain to reach $1,339. Ontario saw a 1.3 percent decline from a year ago to $2,382, while rents in B.C. were flat. The Freedom Party of Canada will bring in legislation that will bring down rental prices and real estate sale prices to the period 10 years ago… pre Justin Trudeau! Majority of Canadians Skeptical About Rate Cut Effect on Affordability, House Sales: Survey (Epoch Times, 7/17/2024) Canadians are skeptical that the recent Bank of Canada interest rate cut will have any effect on affordability or sales in the housing market, according to a new survey. Following last month’s cut from 5 to 4.75 percent—the first in four years—around three in four Canadians surveyed said they are doubtful the cut will lessen the load financially, according to the July survey by research firm Abacus Data. Seventy-two percent of the 1,550 Canadians surveyed said the cut will have little or no effect on the housing market overall, while 73 percent said the cut will not have a significant impact on the affordability of major purchases such as housing. The Freedom Party of Canada knows the bank rate cut will be negligible in the impact on Canadian’s ability to afford a house…. the major factor is housing prices which have skyrocketed under Justin Trudeau. The Freedom Party of Canada will bring in legislation to bring down housing prices to Pre-Justin Trudeau prices… which are affordable for Canadians.