44th Parl. 1st Sess.
May 13, 2022 10:00AM
- May/13/22 11:32:38 a.m.
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Mr. Speaker, we absolutely are talking about affordability, and I will tell the member that the average home price in the GTA reached $1.25 million last month. That means an average homebuyer needs to have an income of $223,000 just to afford one of those houses. Families do not make that kind of money.
Is the minister proud of creating a class of permanent renters because of the government’s lack of action on the housing affordability that the member is talking about?
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- May/13/22 11:33:42 a.m.
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Mr. Speaker, the minister is living in fantasyland. I will repeat this. An average house in the GTA is $1.25 million. The minimum required down payment for that house is $250,000. What is the average income for an average family in the GTA? It was almost $94,000 the last time we checked.
When will the minister join us in the real world instead of fantasyland and admit that under the government's leadership, we are in a housing crisis?
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