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Louis Rossmann
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Comments by "" (@shauncameron8390) on "Canadians get gaslit about housing prices - "affordability is improving!"" video.
Only 11% Canadians make 6-figures a year.
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Canada has the world's highest household debt for a reason.
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<Efforts to add density are blocked by NIMBY homeowners, > And city government over-regulation.
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<The only differences is, we are a little more focused on being humans with needs (public healthcare, public school, ...) and we try to create better economics safety (i think?). > But now coming undone by mass immigration and low productivity due to high taxes and regulations.
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<but landlords have also overpaid on their properties meaning they are needing to double rents> Due to the government overtaxing and overcharging them for the land the property was built on.
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But negated by the lack of jobs, services and support and long commutes. In Quebec's case, its language laws are a blessing in disguise.
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That's if you're willing to do without.
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That explains all the wildfires. Make it all but completely impossible to live off-grid.
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Yes it is as that lack of supply is due to government restrictions that make housing scarce and costly ensuring that only the rich like investors can afford to build and buy property.
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AirBnB is not the problem but a result of government meddling making long-term rentals no longer viable. <people were struggling to pay rent.> The same people who collected CERB cheques while being allowed to go months without paying rent and landlords were not legally allowed to evict them due to an eviction moratorium during that time?
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The poor are every bit as immoral as the rich.
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@JollyOldCanuck But high taxes and punitive regulations = communism and has pretty much ensured that only the richest of the rich are allowed to prosper in Canada.
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Thanks to investor immigration.
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89% of Canada's land is owned by The Crown.
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Exactly.
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Zoning restrictions and most people only want to live in Toronto, Montreal and Vancouver.
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The reason only corporations can afford to build and own housing.
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Virtually all politicians own real estate.
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<Conservatives would be no better though as all they would do is attempt to cut taxes, that inevitably cut social programs that are needed. It's what happened last time we had conservatives in power.> No it didn't and Canada was better off under Harper.
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You have only zoning restrictions and bureaucracy to thank for that.
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#2 and 1 respectively for homelessness per capita among developed countries.
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Or Manitoba.
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No it isn't. Venezuela doesn't have a housing problem. Nor does Iran or North Korea.
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In socialism, you'd be lucky to get a dilapidated outhouse for housing.
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Pricing out local Mexicans in the process. LOL
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<maybe a steep tax on uninhabited dwellings will help a bit> But some of them are likely condemned and are either awaiting renovations or demolition.
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In communism, you can get affordable housing. But about as well-maintained as the average US housing project.
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