Control housing market my banning second house buyers and investors

Control housing market my banning second house buyers and investors

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Chirag Patel started this petition to The world's platform for change Change.org and

Its very difficult for all first time home buyers and almost not possible  to buy their first home in Canada's most provinces.

Specifically in Ontario where household income is not enough to get mortgage of house whose average  prices are $700k.

How can you save money after spending $1500 - $1900 in rent.

Best solution is keeping second house buyers out from market so first time buyer get chance to buy their first house. ( most of second home buyers  puts one house on rent  and makes 2000$ from per unit and 1500$ from basement totaling 3500$ in GTA and surrounding area)  Also appreciation value per year should be fixed by government ($15k-$20k)  to avoid such bubble in future.

First time home buyer program is not that useful due to price limits.Its time to control housing market for first time buyers as everyone should have their own house to live.

When housing market will not be money making machine than people will invest in business which will give more jobs and affordable homes to all.

please sign this petition and ask your friends to sign it

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