TORONTO — A new poll done for CIBC says 76 per cent of Canadians who don't own a property say entry to the housing market feels out of reach. The bank says the online survey done in February found that 70 per cent of non-owners cited overpriced markets as one of the main barriers to achieving their homeownership goal, while 63 per cent cited the inability to save for a down payment. The poll also found that 55 per cent of non-owners said they'll only be able to afford a new home with an inherita
Much of the tax system that favors using housing as a investment is from the federal level as well as the demand side. You get taxed more for building average dwelling then you would flipping a place.
At no point did I state it was entirely the federal governments fault, they’re the ones that said they would do something about it.