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Addressing Housing Affordability through Deregulation and Government Initiatives
The chapter delves into the importance of deregulation, particularly at the municipal level, to tackle housing affordability issues. It discusses the political dynamics between federal and provincial governments in implementing housing plans and emphasizes the need for a more proactive stance from the federal government. Government initiatives such as changes to amortization rules for first-time home buyers and an immigration policy to reduce non-permanent residents are explored as potential solutions.