kEiThZ
Superstar
Not sure what is in federal jurisdiction and would have a meaningful impact on affordability other than strongly curtailing lending and trying to nuke the housing market, which would be incredibly unpopular.
Capital controls. We're a global capital for money laundering. And a good chunk of it is in our real estate.
Beneficial ownership registries. Would help with the tax evasion and money laundering.
Tax policies on investments and capital gains in housing. Even those dastardly free market Americans have lifetime capital gains limits on primary residence.
CMHC involvement in Mortgage Backed Securities, including virtually all securitization for MBS in Canada.
Immigration levels. Particularly those of students. The feds could insist that students will not get visas to colleges that show no ability to house them.
And lastly the power of the purse. The feds need to codify hard standards for federal transit and housing dollars. Support should be inversely proportional to the percentage of zoning that is single family residential. And even tougher standards within walking distance of higher order transit. Stuff like this should have consequences to federal support:
Toronto just protected 225 buildings from redevelopment along a prominent street
A large stretch of a bustling Toronto neighbourhood was just given a new defence against development, the City's Preservation Board adopting a plan...
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