housing affordability
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Housing affordability in Ontario has eroded faster than any province amid COVID-19: reportGeneration Squeeze found that with current home prices, a new homebuyer would have to work full-time for nearly 22 years to save up enough money for a 20 per cent down payment.EconomyMay 18
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63% of Canadian non-owners have ‘given up’ on ever buying a home: IpsosMore than 60 per cent of Canadians who don't already own a home have given up hope of ever breaking into the country's hot housing market, according to new Ipsos polling.MoneyApr 29
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Health care, pocketbook issues among top priorities for Ontario voters: Ipsos pollHealth care and pocketbook issues are the top issues that Ontarians say will help them determine how to vote in the upcoming election, a new Ipsos poll has found.PoliticsApr 26
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Speculation by Canadians ‘absolutely’ playing a role in red-hot home prices: expert'The ugly part is, some of the measures that they talk about as speculation, it gets a little bit into blaming foreigners for our issues," said one economist of the housing crisis.CanadaApr 24
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Strong price growth still expected for Hamilton homes amid continuing supply issues: CHMCA CHMC specialist says despite higher interest rates deterring some homebuyers, a lack of product in the Hamilton area likely won't slow price increases.EconomyApr 22
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Analysts say interest rates could ‘push more demand’ for rentals in Canada’s large cities, HamiltonRising interest rates starting a potential cooling of Canada’s hot housing market could bump rents across the country and Hamilton in 2022MoneyApr 21
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At least 20% of Canadian MPs hold rental, investment real estate amid housing crunchAt least 65 Canadian MPs own real estate assets, including 42 Liberals and 19 Conservative MPs, as the country grapples with a housing unaffordability crunch.CanadaApr 19
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Vancouver mayor proposes hiking empty homes tax to 5%Vancouver's empty homes tax first took effect in 2017 at one per cent of a home's assessed value, was tripled to three per cent in the 2021 tax year.PoliticsApr 13
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Tax credit, savings account will make homes more affordable, federal finance minister saysThe 2022 federal budget promised $1.5 billion in funding for the rapid housing initiative, which helps build homes quickly for vulnerable people.PoliticsApr 13
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Tory leadership hopeful Pierre Poilievre entreats Vancouver voters with housing promisesIn a video shared on Twitter on Monday, Poilievre used the nearly $5-million home in Vancouver to highlight several challenges in the city's housing market.PoliticsApr 11
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