Comments by "Common Sense Craziness" (@commonsensecraziness7595) on "Global National: March 28, 2023 | Biggest highlights of the 2023 federal budget" video.

GloBULL still doing their best as the Liberal mouthpiece.
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@philster6383 They could easily save more for Canadians by simply killing their taxes. Also, the rebate won't make up for the resulting inflation they would create with their bill. But I guess you love being bought with your own money?
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@checkfactschecking I think everyone understands that it's disingenuous to offer a tiny, one time rebate when it's completely overshadowed by a massive tax grab.
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@TheSaigoon They could easily save more for Canadians by simply killing their taxes. Also, the rebate won't make up for the resulting inflation they would create with their bill. But I guess you love being bought with your own money?
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@checkfactschecking That's a very long explanation for a solution offered to a problem that wasn't identified or addressed. Putting aside that rent controls don't address supply shortage or provide incentive to alleviate supply shortages, my statement was that a rebate of returning a paltry sum of taxpayer money back to me (out of the money you already took), is a useless gesture if the tax burden is increased as to not only increase taxes on me, but help fuel inflation, thereby increasing the broad cost of existing essentials. That is no kind of solution. And for some reason, your NDP support this insanity. I'm fine with expanding medical care to dental, but that's just a handout that doesn't address root causes like housing shortages. We need more supply. It really is that simple. The solution should ultimately answer how to increase supply. If the proposed solution can't do that, it's not a solution.
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@checkfactschecking I'd like to see the numbers on your assertion that the reason that there's a housing shortage is because the price of property is too high. Housing hasn't stopped because of that, but the available property being built hasn't been made available for purchase to regular people which contradicts your reasons for why supply would seize up. The kind of tenant nonsense you're describing is a direct result of a lack of supply and a seller's market that can dictate prices. Rent controls might stop purchases for rent, but not for owning, and it would also negatively incentivize building for all but only the highest net earners.. which is where we are already. Repurposing existing buildings for affordable housing is part of a solution, but the bottom line is supply. Rent controls simply don't address the root problem. It'll be a short term solution only for those that already rent, and it will make it worse in the long term for everyone. We need a crown corporation dedicated to producing low cost housing regardless of the money they COULD make by aiming for high net earners, which is what the private sector is already doing.
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@philster6383 She's peeing on you and telling you it's raining and you believe her. Yep, smarter than you.
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@checkfactschecking [There was no lack of supply in 2019.] Wrong. This has been a decades long problem that has steadily gotten worse. We have the lowest supply of housing in the G8 and we have the greatest amount of land. Yes, deep pockets scooping up what's available to keep raising the price IS part of the problem, but again, rent controls doesn't stop that problem as they can profit in other ways. And why would it be a problem bigger in Canada then any other G8 nation? [Your idea about a crown corporation in charge of low cost housing is already in place, but provincially. Ontario Housing produces slums that fall apart.] These are places for rent, not ownership from my understanding. And they're a drop in the bucket. And development around housing has never actually been about housing with the PC government or any other government. The latest overture from the PCs basically amounted to an excuse to open up the Greenbelt to development. It was never a serious solution to address housing. [Make renting houses and condos unprofitable would free up all those houses people are hoarding.] I wish I was as confident as you are that this won't have unintended consequences that are as bad or worse than the disease. Adding more to the overall supply would do the same thing in reducing prices, especially if the government did as I suggested with a crown corporation, producing houses for sale largely at cost, and then capped income on who was allowed to purchase them to make sure the purchasers are buying to use. Perhaps that's something that could be written into the contract condition - you must live in the house for X amount of years as your primary residence.
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