Opinion: Most politicians believe, apparently mistakenly, voters will punish them if house prices fell. Their self-interests could also be getting in the way.
Most Canadians, according to polls, are willing to see house prices to drop so people squeezed out of ownership, particularly young adults, can obtain some shelter security.
But, despite politicians’ endless rhetoric about fighting for “affordable” housing, they don’t really want home values to drop. There are several reasons why this is the case.
