Obviously its a combination of poor zoning, mass immigration, extending amortizations, the federal government buying half of all mortgage bonds, slow permitting, skyrocketing development fees.
The federal government controls 3 of those. The others aren’t as big an issue like zoning density or aren’t really sustainable like development fees given the laffer curve without the mass immigration.
This just goes to show that the market isn’t effective for providing people with housing and non-market solutions are needed.
Builders aren’t going to drive the cost of homes down, they are selling them at high prices and making a bigger profit doing so.
Why is it easier for you to question immigration levels than to question the private construction of housing?
If our food supplies weren’t keeping up with population so Loblaws made more money would you be bootlicking Loblaws or calling for the government to invest in food production?
Canada has more empty homes than unhoused people. Yes they’re not in the same places, but isn’t that another data point that the market sucks at providing housing where it’s needed?
If our food supplies weren’t keeping up with population so Loblaws made more money would you be bootlicking Loblaws or calling for the government to invest in food production?
I don’t find municipals blameless, its just their individual incentives, and some have rezoned like BC. But from a macro level it is clearly mass immigration leading to the rapid rise in prices, and thats the federal government who signs that.
Canada needs a bigger population to compete on the world stage and to defend our vast nation.
If builders or other industries can’t keep up, they need to step up or be supplemented or subverted. Canada’s population density is effectively zero. With greater military and economic threats, trying to diminish our population isn’t the way to go.
Yes, they are. Because they’re limited in their context.
Corporate ownership of housing, regulatory changes made by the Harper government, amd the state turning away from developing public housing 40 years ago created the housing crisis.
Corporate ownership would still make renting cheaper given supply and demand. Rents doubled under Trudeau, and those houses aren’t sitting empty.
Public housing isn’t going to work when everything is zoned for single family homes, there’s no shortage of capital to build, its land values that are expensive. They could force municipals to rezone those areas which would help, however that just sidesteps the real issue, which is sprawled zoning coupled with mass immigration.
The sun is reactionary propaganda intended to mislead you for the profit of people not even in this country. If they write something that makes you upset, that probably means they are manipulating you. There are real publications across the political spectrum that will discuss the nuance and realities of these issues, but this isn’t it.
Mark Carney said he did it to avoid a recession. A technical recession that is, per capita GDP still fell, as homelessness and the doctor shortage increased.
I’d have linked another news if they had this story.
Its traitorous to ignore the ballooning food bank usage, people living in rest stops, and people forced to sign million dollar mortgages with full recourse loans we have in Canada. Yet people still seem eager to vote for Sean Fraser and Mark Miller.
All to depress Canadians salaries, and avoid a technical recession in favor of a per capita recession.
The Toronto Sun is American-owned media posing as Canadian.
https://lemmyverse.link/lemmy.ca/post/40172625
Are the facts wrong?
Did 4% population growth into an existing housing shortage not contribute to a further housing shortage?
CBC the last debate they went after Singh for wanting to drop peoples retirement savings, phrased in that exact way. I’m not sure they are impartial.
I mean, you just said it yourself. “An existing housing shortage.”
So it’s a multifaceted issues that can’t be blamed on just the Liberals or immigrants.
Sure, its supply and demand.
Obviously its a combination of poor zoning, mass immigration, extending amortizations, the federal government buying half of all mortgage bonds, slow permitting, skyrocketing development fees.
The federal government controls 3 of those. The others aren’t as big an issue like zoning density or aren’t really sustainable like development fees given the laffer curve without the mass immigration.
This just goes to show that the market isn’t effective for providing people with housing and non-market solutions are needed.
Builders aren’t going to drive the cost of homes down, they are selling them at high prices and making a bigger profit doing so.
Why is it easier for you to question immigration levels than to question the private construction of housing?
If our food supplies weren’t keeping up with population so Loblaws made more money would you be bootlicking Loblaws or calling for the government to invest in food production?
Canada has more empty homes than unhoused people. Yes they’re not in the same places, but isn’t that another data point that the market sucks at providing housing where it’s needed?
I don’t find municipals blameless, its just their individual incentives, and some have rezoned like BC. But from a macro level it is clearly mass immigration leading to the rapid rise in prices, and thats the federal government who signs that.
Canada needs a bigger population to compete on the world stage and to defend our vast nation.
If builders or other industries can’t keep up, they need to step up or be supplemented or subverted. Canada’s population density is effectively zero. With greater military and economic threats, trying to diminish our population isn’t the way to go.
Wage suppression propaganda. Meanwhile people can’t afford kids.
Once again your objections are misdirected. The leftist arguing against market solutions is probably not in favor of wage suppression, right?
Yes, they are. Because they’re limited in their context.
Corporate ownership of housing, regulatory changes made by the Harper government, amd the state turning away from developing public housing 40 years ago created the housing crisis.
Corporate ownership would still make renting cheaper given supply and demand. Rents doubled under Trudeau, and those houses aren’t sitting empty.
Public housing isn’t going to work when everything is zoned for single family homes, there’s no shortage of capital to build, its land values that are expensive. They could force municipals to rezone those areas which would help, however that just sidesteps the real issue, which is sprawled zoning coupled with mass immigration.
The sun is reactionary propaganda intended to mislead you for the profit of people not even in this country. If they write something that makes you upset, that probably means they are manipulating you. There are real publications across the political spectrum that will discuss the nuance and realities of these issues, but this isn’t it.
I’ve been reading and researching for years, before it was even an election issue. They aren’t wrong.
I mean, per the Liberals themselves, they misjudged the timing of the surge of immigration. It’s not the gotcha the Sun is pretending it is.
Mark Carney said he did it to avoid a recession. A technical recession that is, per capita GDP still fell, as homelessness and the doctor shortage increased.
Removed by mod
I’d have linked another news if they had this story.
Its traitorous to ignore the ballooning food bank usage, people living in rest stops, and people forced to sign million dollar mortgages with full recourse loans we have in Canada. Yet people still seem eager to vote for Sean Fraser and Mark Miller.
All to depress Canadians salaries, and avoid a technical recession in favor of a per capita recession.