We should call for MP Adam Vaughan’s resignation: he’s stalling on the affordability crisis.

Adam Vaughan is an MP for Spadina-Fort York, and also Parliamentary Secretary for Housing, most of us probably know who he is in this group. I believe we need to be calling for his resignation due to his stalling on doing anything about the housing affordability crisis for several reasons:He’s saying his focus is on foreign corporate speculation, but he has failed to define what this is. In BC we now have the Land Ownership Transparency Registry, and we know that a majority of our foreign buyers are NOT companies at all, just individuals with wealth, or money. By saying “off-shore institutional”, Adam is targeting a non-existent fraction of a small part of the housing equation in Canada. In other words: he’s trying to create a bogeyman, trying to create the appearance of doing something, and indeed would actually do something… against a housing factor that is a non-issue in Canada. Foreign corporate participation is basically nil. We can’t allow Adam to try to scapegoat and let the Feds drag their heels on this issue. If he wanted to say “any numbered company, Canadian or otherwise, where the beneficial owner is a foreign national” then we have a different story, but he hasn’t said anything to this effect.He has repeatedly said that the home equity of existing owners must be protected. The equity of a home in a massive housing bubble is not actual equity, it’s vapor. Anyone with a mortgage doesn’t have any home equity, because the banks own the home. The banks have right to that equity, by law. By claiming that this is home owners who own the equity, Adam is trying to create a sympathetic defense for doing nothing about the housing crisis. This is yet another psychological tactic being employed to help him stall, blame non-existent buyers, and give the illusion of taking action to Canadians.​It’s clear with every tweet Adam makes that he has no sincere interest in calling our housing crisis an actual crisis, let alone doing anything concrete about it. Contrast that with the policies and ideas being proposed by political parties in Ontario (https://gpo.ca/housing/), the BC NDP government ($2b for affordable housing, implemented and increased many taxes on investors / speculators), and also the Federal PPC and NDP… it’s clear that Adam’s endless-words-and-sympathy tactic is designed to stall Federal action, and when it puts its words into action it targets… a bogeyman that will have no impact. We don’t know how many investment properties Adam or the rest of the Liberals own, but it’s safe to say that these stalling tactics are a major red flag and a sign of a politician who wants to distract and deflect Canadian anger.I submit to the group that we call on the PM to #FireAdamVaughanPlease feel free to add any other evidence / arguments, and criticism is welcome as well.​https://ift.tt/2UIVagI via /r/canadahousing https://ift.tt/3jfXgPc