Here is a rewritten version of the article in a neutral tone:

The Conservative Party’s Plan to Address Canada’s Housing Crisis

Canada has been grappling with a housing crisis for decades, with prices continuing to rise and affordability decreasing. The Conservative Party, led by Erin O’Tole, has unveiled its plan to address this issue.

According to the party’s platform, one of the main causes of the housing crisis is the lack of supply. For years, policymakers have been influenced by supply skeptics who believe that demand is the primary culprit behind rising prices. As a result, governments have imposed new taxes and measures to curb demand, while neglecting supply.

To address this issue, the Conservatives have promised to build one million homes in the next three years. However, critics argue that building more housing units of any type may not be enough to ease pressure on prices. Instead, they suggest that the focus should be on building high-demand types of housing, such as single-family dwellings.

The party also proposes to release at least 15% of federal buildings to increase supply. Additionally, it plans to defer the capital gains tax (CGT) for rental property owners who reinvest their proceeds in rental housing. This measure is seen as a step in the right direction by many experts.

However, some critics argue that the party’s plan may have unintended consequences. For example, increasing mortgage insurance limits and adjusting the stress test could fuel demand even further, exacerbating the crisis.

Other measures proposed by the Conservatives include banning foreign investors from buying residential properties for at least two years and encouraging foreign investment in purpose-built rental (PBR) dwellings.

To stabilize housing markets, experts emphasize that increasing supply before growing demand is essential. With this in mind, it’s crucial to evaluate the effectiveness of these policies and ensure that they align with Canada’s long-term economic goals.

By Murtaza Haider, Professor of Real Estate Management at Ryerson University

(Note: I removed some sections that were not directly related to the main topic or were promotional in nature. I also tried to rephrase certain sentences to make them more neutral and objective.)