Recently, Prime Minister Justin Trudeau commented that home prices couldn't drop because so many people rely on their home's value for their retirement. But could a prime minister stop a housing crash if he wanted to?

In this discussion, Mike and Cara discuss the idea of how much control the federal government has over home prices. They examine the impact of policies on affordability, and the challenges of balancing the interests of different stakeholders. It delves into the complexities of housing markets and the role of government in preventing price crashes and maintaining affordability.

More Reading:
https://www.theglobeandmail.com/business/article-trudeau-house-prices-affordability/

Hosted by Mike Moffatt & Cara Stern

Produced by Meredith Martin

This podcast is funded by the Neptis Foundation and brought to you by the Smart Prosperity Institute.