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Canada to change how it counts foreign students, workers amid housing crunch (www.reuters.com)
submitted 1 year ago by sik0fewl@kbin.social to c/canada@lemmy.ca
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Canada will change how it counts non-permanent residents, the main statistics agency said on Thursday, after an economist said the current methodology may have overlooked about a million foreign students, workers and others.

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[-] reddig33@lemmy.world 41 points 1 year ago

I really doubt students and workers are the problem here. Perhaps Canada should look into taxing empty investment homes/condos/etc. and crack down on homes being used as hotels (like AirBnB) instead of residences.

[-] RehRomano@lemmy.ca 6 points 1 year ago

How much empty housing do you think exists in canada’s largest cities?

[-] countflacula@lemmy.ca -1 points 1 year ago

Quite a few

[-] RehRomano@lemmy.ca 3 points 1 year ago* (last edited 1 year ago)

a) this is before Toronto instituted the empty homes tax - less incentive for homeowners to rent out their empty unit

b) this is before the explosion of rental price increases post-covid - even less incentive for homeowners to rent out their unit

c) measuring lights on or off a couple of times a year isn't a great proxy for assessing empty units

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this post was submitted on 01 Sep 2023
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