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Decentralized Democracy

House Hansard - 100

44th Parl. 1st Sess.
September 22, 2022 10:00AM
  • Sep/22/22 11:09:43 a.m.
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  • Re: Bill C-31 
Madam Speaker, my congratulations as well to the leader of the official opposition. I understand that he is concerned with the rising cost of housing, particularly for young folks. On that we can agree. However, in his speech, he skipped right over institutional investors, pension funds and real estate investment trusts that are treating the housing market like stocks, making huge profits on the backs of young people and other low-income folks for whom he says he wants to stand up. Does he agree that homes should be places where people live and not treated as commodities in which that folks trade? Is he not also concerned that there is nothing in the bill to address that, like removing preferential tax treatment for real estate investment trusts?
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