If you want to buy a home in Peel (Brampton) you will be bidding against multi generational immigrant families who pool their money together or slum lords who will convert the home into an illegal rooming house and rent it out to a dozen people.
Young Canadian couples can't afford starter homes and this means having less Canadian children born. The government uses this problem they created as a reason to double down and let in more immigrants
Not even immigrants. It's also foreign ownership. Chinese people can buy Canadian real estate speculatively. Some condos in downtown Toronto have maybe one light on per floor at night, because all the rest of the units are bought by Chinese who aren't living in them.
If you want to buy a home in Peel (Brampton) you will be bidding against multi generational immigrant families who pool their money together or slum lords who will convert the home into an illegal rooming house and rent it out to a dozen people.
Young Canadian couples can't afford starter homes and this means having less Canadian children born. The government uses this problem they created as a reason to double down and let in more immigrants
More people move here per year then homes are built.
MuSt bE rAcIsM
Not even immigrants. It's also foreign ownership. Chinese people can buy Canadian real estate speculatively. Some condos in downtown Toronto have maybe one light on per floor at night, because all the rest of the units are bought by Chinese who aren't living in them.
They are commies, so it is no surprise that they ignore laws of supply and demand.