The Missing Middle with Mike Moffatt and Sabrina Maddeaux Will Reduced Immigration Solve the Housing Crisis?
Mar 26, 2025
A gripping discussion unfolds around Canada's new immigration policies and their surprising effects on the housing market. The hosts tackle how reduced immigration targets may worsen housing prices and rents. They express skepticism about the government's ability to achieve these targets, especially with the complexities of regional housing demands. Insights into forecasting housing needs reveal alarming gaps, while political implications surface as young voters voice concerns over affordable homes. It's a heated exploration of immigration, housing, and the politics that bind them.
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Immigration Policy Shift
- Canada's immigration policies saw significant changes, impacting population growth.
- The shift from 1-2 million annual growth to almost zero represents a massive change.
London, Ontario Housing Market
- In London, Ontario, rent increases of 10-15% yearly have reversed, declining by 4-5%.
- This correlates with reduced international student intake, impacting both rents and home prices.
Skepticism about Immigration Targets
- Sabrina Maddeaux expresses skepticism about the Liberal government's ability to meet immigration targets.
- She questions their reliance on non-permanent residents leaving and the lack of a plan if they don't.