As someone who has seen their home value go up exponentially in under 3 years, I can honestly tell @TOAdamVaughan that I'm perfectly fine with a 30-50% price drop to improve housing affordability. Stop helping those who don't need it. #HousingCrisis #cdnpoli
https://twitter.com/RodneyTori/status/1402260984497065991
2) Skyrocketing prices don't actually help home owners that much either because they're contingent on low interest rates. If you need to move you still end up with a mortgage because *everything* costs more. Tapping into equity also requires paying more interest to banks/lenders.
3) Flippers, foreign investors, and money launderers are buying up supply and driving up prices. But it's clear that @TOAdamVaughan and the @liberal_party have a vested interest in rising prices; with their partial ownership scheme they've now become shareholders of real estate.
For context, we would need to see an almost 50% price drop in many urban housing markets, especially the GTHA and GVA, for house prices to be where they should had prices simply kept pace with inflation since 2009. Looks what's happened since Liberals took power in 2015. 
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