What We Recommend
All of us have important roles to play in restoring housing affordability, because no single action will fix our dysfunctional system. Our comprehensive housing policy solutions framework identifies all the levers we need to pull.
- We’re asking all Canadians to call for home prices to stall, or fall moderately – loudly enough for governments to hear, so they can align other policies with this goal. We especially need the voices of those who’ve reaped wealth windfalls from the same rising prices crushing affordability for many others.
- We need Statistics Canada to remedy its flawed inflation measure to ensure housing costs are monitored on their own terms. Efforts to rein in inflation in the largest cost of living shouldn’t be a side effect of addressing inflation elsewhere.
- We need a modest price on housing inequity to fix the home ownership tax shelter that motivates Canadians to bank on rising home prices as an investment strategy. This levy will increase tax fairness, reduce wealth inequities, and raise revenue to pay for things Canadians want, like affordable housing, child care, and medical care.