@jbs I assume if its repealed for new constructions that means this question resolves to NO? https://www.thestar.com/real-estate/the-foreign-buyer-ban-will-soon-exempt-new-homes-housing-experts-have-mixed-feelings/article_e213cb03-b1d1-4d04-acb7-f7ef6c4ceb40.html

The foreign-buyer ban will soon exempt new homes. Housing experts have mixed feelings

The foreign-buyer ban will soon exempt new homes. Housing experts have mixed feelings

@Seanny123 I didn't realize it would automatically expire in 2027 https://www.thestar.com/politics/federal/liberals-wont-say-if-foreign-homebuyer-ban-will-be-extended-as-renewal-window-narrows/article_8ad12efe-67cb-4985-8c0f-d9c6837dfd97.html

Liberals won’t say if foreign homebuyer ban will be extended as renewal window narrows

If the government does nothing, Canada's ban, which first came into force in 2023, will sunset automatically on Jan. 1, 2027.

@Seanny123 the only people who care about this are not politically contested areas. Those would benefit from more capital in the market (existing property owners) are politically contested. Given the housing market is currently going down and probably will continue to for the next year, there might be a motivation to reverse this trend. I'm selling now because the probability feels too high to me.

@Seanny123 of course the timeline is short, so buying NO now might be dumb.

This feels like it depends who wins the election @Seanny123 ?

@lovesomeorange I think the only people who want this are the NDP and its not looking good for them