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Comments by "" (@shauncameron8390) on "Big Canadian cities facing affordability, health-care and housing issues" video.
<Lazy, slow, inefficient bureaucrats following laws specifically designed to make building anything new extra hard.> Or extra costly.
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<have wealthy people/corporations pay their fair share of taxes> They already do an then some accounting for at least 70% of all taxes paid.
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<Why is it that tiny homes are not acceptable if this indeed a housing issue?> Zoning restrictions.
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@CarFreeSegnitz <The private sector isn’t going to fix this. Why would they? Developers and landlords are making bank and will continue to do so by NOT building enough stock.> Thanks to local zoning restrictions and NIMBY's so to keep land and property values high. Municipal government is also making bank from property taxes and bureaucracy.
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Wealth inequality is natural. Most people cannot manage what they have for squat.
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Cheap housing only if you're willing to do without some utilities.
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Poor people are poor for a reason. And it has little to do with the rich.
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@CarFreeSegnitz <Every level of government is terrified of the solution: building enough public housing. It will house everyone but at the same time it will (and must) pop the real estate market.> And make everything more costly in the long run requiring higher taxes and more subsidies. <There are huge institutional investors in real estate making huge profits which is at the root of the problem. Their profits suck resources away from build enough housing. They won’t do it themselves because doing so would tank their existing investment.> No. The real root of the problem is the government restrictions on housing supply which allows in the end only the richest of the rich to build anything.
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@couciao He was good and Canada was much better off.
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For what? Canada barely has any rich to tax.
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<Venezuela has the resources to be the richest country in the world, > No it doesn't. Venezuela was always dependent on oil even before Chavez and Maduro.
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They're overpriced because there's only so much space to go around and accommodate everyone. Higher prices are effective tools to weed out those who can't hack it financially.
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