With the Liberal party officially re-elected to once again form a minority federal government last week, I joined BNN's Greg Bonnell to discuss whether any of their proposed policies will actually tackle our high home prices.
You can watch the full video here, in which we discuss these hot topics:
- How some of the policies that the federal Liberals have put forward will likely stimulate demand - and further increase home prices - as they are aimed at helping particular segments of buyers enter the housing market
- Why the federal government has limited options when it comes to actually affecting home prices
- The one key thing that our politicians have yet to tackle - a growing population that is outstripping the building of new homes
- Where the fall market is likely headed
John Pasalis is President of Realosophy Realty, a Toronto real estate brokerage which uses data analysis to advise residential real estate buyers, sellers and investors.
A specialist in real estate data analysis, John’s research focuses on unlocking micro trends in the Greater Toronto Area real estate market. His research has been utilized by the Bank of Canada, the Canadian Mortgage and Housing Corporation (CMHC) and the International Monetary Fund (IMF).