School of Planning professor Brian Doucet writes in the Toronto Star, saying that the "national housing strategy fails to go deep enough on root of ills," as it "does not address whether homes are for people or profit."
"As Canada reviews its current housing crisis, it will be necessary for us to go back to the basics. We need to answer the question of what housing is supposed to achieve and whether as a nation we place priority on it as a home, or as a source of wealth and speculative investment."
"The answer to this question lies at the heart of the current housing crisis, yet addressing this question was nowhere to be found in the federal government’s new national housing strategy," which appears to treat "the symptoms of the crisis, rather than its cause."
According to Doucet, "A housing strategy that genuinely tackles the root causes of affordability would ... disincentivize and penalize speculation in the housing market."