Tell Our Politicians: Housing Should be for Homes First
Dear Canadian municipal, provincial and federal politicians,
With foreign buyers and speculators, domestic investors, short-term rentals, real-estate fraud and a host of other issues, it's clear that local housing is too often treated like a commodity instead of a place to live.
The Code Red housing crisis affecting many of our communities is complex, which is why we must tackle the problem by establishing bold, clear principles. To that end, we're calling on you to support a policy principle of Homes First (investments second):
"The primary purpose of our real estate market must be the efficient supply of homes for people to live in (as renters or owners)."
(Returns on real estate investments are great, but this must come second to our ability to find suitable homes that are within reach of what we can earn).