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Canada is Cracking Down on Immigration. It’s Stabilizing Housing Prices.

Too little, too late, but still, a glimmer of hope. Now start the mass deportations.

For years, Canada’s political elite insisted the housing crisis was caused by everything except immigration. It was a supply problem. A zoning problem. A financing problem. A speculation problem. A foreign-buyer problem. A NIMBY problem.

But never a population problem.

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