{"id":92749,"date":"2025-05-23T08:38:39","date_gmt":"2025-05-23T12:38:39","guid":{"rendered":"https:\/\/theturtleislandnews.com\/?p=92749"},"modified":"2025-05-23T08:38:39","modified_gmt":"2025-05-23T12:38:39","slug":"ottawa-has-to-allow-home-prices-to-fall-to-make-housing-more-affordable-experts-say","status":"publish","type":"post","link":"https:\/\/theturtleislandnews.com\/index.php\/2025\/05\/23\/ottawa-has-to-allow-home-prices-to-fall-to-make-housing-more-affordable-experts-say\/","title":{"rendered":"Ottawa has to allow home prices to fall to make housing more affordable, experts say"},"content":{"rendered":"<p>By Craig Lord Housing experts are pushing back against a federal cabinet minister&#8217;s recent claim that home prices don&#8217;t need to go down in order to restore housing affordability. Gregor Robertson, the former mayor of Vancouver who was elected to the House of Commons in April, sparked the debate after he was sworn in as housing minister earlier this, when a reporter asked him whether he thinks home prices need to fall. &#8220;No, I think that we need to deliver more supply, make sure the market is stable. It\u2019s a huge part of our economy,&#8221; he said. Robertson added that Canada lacks affordable housing and championed Ottawa&#8217;s efforts to build out the supply of homes priced below market rates. Mike Moffatt, founding director of the Missing Middle Institute, had a&#8230; <\/p>\n<div class=\"pmpro\">\n<div class=\"pmpro_card pmpro_content_message\">\n<div class=\"pmpro_card_content\">This content is for Yearly Subscription, Yearly Subscription &#8211; Corporate, Print Subscription Only, and Canada Print and Online members only.<br \/><a href=\"http:\/\/theturtleislandnews.com\/wp-login.php?action=register\">Register<\/a><\/div>\n<div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? <a href=\"https:\/\/theturtleislandnews.com\/wp-login.php?redirect_to=https%3A%2F%2Ftheturtleislandnews.com%2Findex.php%2F2025%2F05%2F23%2Fottawa-has-to-allow-home-prices-to-fall-to-make-housing-more-affordable-experts-say%2F\">Log in here<\/a><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>By Craig Lord Housing experts are pushing back against a federal cabinet minister&#8217;s recent claim that home prices don&#8217;t need to go down in order to restore housing affordability. Gregor Robertson, the former mayor of Vancouver who was elected to the House of Commons in April, sparked the debate after he was sworn in as housing minister earlier this, when a reporter asked him whether he thinks home prices need to fall. &#8220;No, I think that we need to deliver more supply, make sure the market is stable. It\u2019s a huge part of our economy,&#8221; he said. Robertson added that Canada lacks affordable housing and championed Ottawa&#8217;s efforts to build out the supply of homes priced below market rates. Mike Moffatt, founding director of the Missing Middle Institute, had a... <\/p>\n<div class=\"pmpro\"><div class=\"pmpro_card pmpro_content_message\"><div class=\"pmpro_card_content\">This content is for Yearly Subscription, Yearly Subscription - Corporate, Print Subscription Only, and Canada Print and Online members only.<br \/><a href=\"http:\/\/theturtleislandnews.com\/wp-login.php?action=register\">Register<\/a><\/div><div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? <a href=\"https:\/\/theturtleislandnews.com\/wp-login.php?redirect_to=https%3A%2F%2Ftheturtleislandnews.com%2Findex.php%2F2025%2F05%2F23%2Fottawa-has-to-allow-home-prices-to-fall-to-make-housing-more-affordable-experts-say%2F\">Log in here<\/a><\/div><\/div><\/div>","protected":false},"author":101363,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[8,13],"tags":[],"class_list":["post-92749","post","type-post","status-publish","format-standard","hentry","category-national-news","category-ticker","pmpro-level-required","pmpro-level-3","pmpro-level-2","pmpro-level-5","pmpro-level-4","pmpro-level-6","pmpro-level-7","pmpro-no-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ottawa has to allow home prices to fall to make housing more affordable, experts say - The Turtle Island News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/theturtleislandnews.com\/index.php\/2025\/05\/23\/ottawa-has-to-allow-home-prices-to-fall-to-make-housing-more-affordable-experts-say\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ottawa has to allow home prices to fall to make housing more affordable, experts say - The Turtle Island News\" \/>\n<meta property=\"og:description\" content=\"By Craig Lord Housing experts are pushing back against a federal cabinet minister&#8217;s recent claim that home prices don&#8217;t need to go down in order to restore housing affordability. Gregor Robertson, the former mayor of Vancouver who was elected to the House of Commons in April, sparked the debate after he was sworn in as housing minister earlier this, when a reporter asked him whether he thinks home prices need to fall. &#8220;No, I think that we need to deliver more supply, make sure the market is stable. It\u2019s a huge part of our economy,&#8221; he said. Robertson added that Canada lacks affordable housing and championed Ottawa&#8217;s efforts to build out the supply of homes priced below market rates. Mike Moffatt, founding director of the Missing Middle Institute, had a\" \/>\n<meta property=\"og:url\" content=\"https:\/\/theturtleislandnews.com\/index.php\/2025\/05\/23\/ottawa-has-to-allow-home-prices-to-fall-to-make-housing-more-affordable-experts-say\/\" \/>\n<meta property=\"og:site_name\" content=\"The Turtle Island News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TurtleIslandNews\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-23T12:38:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/theturtleislandnews.com\/wp-content\/uploads\/2016\/01\/facebooklogo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"725\" \/>\n\t<meta property=\"og:image:height\" content=\"483\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lynda Powless\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsattheturtle\" \/>\n<meta name=\"twitter:site\" content=\"@newsattheturtle\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lynda Powless\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2025\\\/05\\\/23\\\/ottawa-has-to-allow-home-prices-to-fall-to-make-housing-more-affordable-experts-say\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2025\\\/05\\\/23\\\/ottawa-has-to-allow-home-prices-to-fall-to-make-housing-more-affordable-experts-say\\\/\"},\"author\":{\"name\":\"Lynda Powless\",\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/#\\\/schema\\\/person\\\/7b188fd7503577895ef8b306988cd458\"},\"headline\":\"Ottawa has to allow home prices to fall to make housing more affordable, experts say\",\"datePublished\":\"2025-05-23T12:38:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2025\\\/05\\\/23\\\/ottawa-has-to-allow-home-prices-to-fall-to-make-housing-more-affordable-experts-say\\\/\"},\"wordCount\":873,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/#organization\"},\"articleSection\":[\"National News\",\"ticker\"],\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2025\\\/05\\\/23\\\/ottawa-has-to-allow-home-prices-to-fall-to-make-housing-more-affordable-experts-say\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2025\\\/05\\\/23\\\/ottawa-has-to-allow-home-prices-to-fall-to-make-housing-more-affordable-experts-say\\\/\",\"url\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2025\\\/05\\\/23\\\/ottawa-has-to-allow-home-prices-to-fall-to-make-housing-more-affordable-experts-say\\\/\",\"name\":\"Ottawa has to allow home prices to fall to make housing more affordable, experts say - 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