Comments by "" (@shauncameron8390) on "BNN Bloomberg" channel.

  1. Well isn't this the gynocentric matriarchal society the people wanted?
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  2. Stop overtaxing and regulating the private sector into oblivion?
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  3.  @citizenm9590  Yes we F-ing can! Canada was much better off before him.
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  4.  @mikeb5664  <Some people don't support the ever widening wealth gap in society.> Mostly bitter and envious bottom-feeders.
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  5.  @D59hawk  He knows what he's doing. He's turning Canada into Cuba 2.0.
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  6. <You can't trust the private sector to meet the need for affordable homes because the private sector simply isn't interested.> And they're not interested, because the amount they have to spend on permits and land acquisition in addition to labor and materials makes affordable homes unfeasible.
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  7. No. There are not that many short-term rentals to begin with. And short-term rentals are consequences of rent control among other forms of government interference that made long-term rentals too costly to operate and maintain.
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  8.  @carlose6010  No. This only applies to Canada.
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  9. By being isolated, backward, impoverished and obsolete.
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  10. Better than the compassionate spendthrift Pierre Trudeau.
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  11. @@AmericanScout-USA Yet more Canadians travel to the US for healthcare than vice versa.
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  12. This is the result of high taxes and regulations on local production and distribution of food. This is how a lot of countries that adopted socialism/communism ended up with food shortages and famine having to rely on imports and aid just to feed themselves.
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  13.  @HeremodofGotha  Why so ungrateful? Canada never had any obligation to let immigrants in.
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  14. More taxes = higher prices.
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  15. <what is the point in paying so much taxes and our government keeps giving that money away to other countries> To pay the salaries of bureaucrats, administrators and other government workers.
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  16. And Air BnB is because the government made long-term rentals costly and unviable.
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  17. Thanks to high taxes and government meddling.
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  18.  @jmela1370  <Why is it stupid> Because ordinary people will be paying for it in the end either by higher prices, less housing available or becoming the greedy RE investors they wanted targeted.
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  19. <Shutting the door is not the answer.> Yes it is.
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  20. LOL.
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  21.  @ClarityDetermination  LOL. Put down that Liberal Kool-Aid!
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  22. Also ignorant and irresponsible citizens who vote for said government and policies.
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  23. Good luck on finding a place.
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  24.  @kevinroy1736  He was the only PM that bothered to do anything about the GST while Chretien who was elected to do away with it kept it around as it proved too lucrative.
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  25. People trying to live a lifestyle their salaries just simply cannot support.
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  26. <Abolish the foreign ownership restriction.> Virtually all countries, including the US, have foreign ownership restrictions. The real problem is that Canada is just too vast and underpopulated to support lower prices for domestic travel.
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  27. Because Canada has too much ground to cover and the population centers are far from each other.
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  28. Because due to zoning laws and high land values, Tridel couldn't build an affordable home even if it wanted to.
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  29. <(not everyone are homeowners)> But 66% of Canadians are homeowners.
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  30.  @Cutlerypotato  LOL
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  31. <This is scary where we as a country are heading into.> Think Lenin's Russia/USSR.
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  32. Namely British Columbia and Ontario.
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  33. And Seattle has no state income tax.
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  34. <There’s literally no excuse to have almost our entire population crammed into 2 regions (Vancouver and Toronto)> There is an excuse. Vancouver and Toronto are the only places in Canada deemed worth living in.
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  35.  @danimal_666  No. Thanks, Pierre Trudeau.
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  36. Pretty much.
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  37.  @veronicadicerni2479  Not that difficult to do in Quebec.
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  38. <people don't have the funds to grow rheir business.> The bigger the government, the less (economic and personal) freedom you get to enjoy.
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  39. It is the government's fault. Their polices enabled and created the problem.
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  40.  @josephsmith594  <The US has the same housing problems we do.> Only in the Northeast and West Coast.
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  41. Actually government meddling is the reason the housing market is what it currently is.
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  42.  @fluffytail6355  Thanks to people from ON and BC moving in.
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  43.  @zomgoose  While tenants are lousy with personal finances.
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  44.  @BigCheese150  Canada is more Argentina than Venezuela.
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  45.  @danielwarchulski6326  Because no one wants to be seen as a racist xenophobe if they dare suggesting limiting immigration.
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  46. LOL. I didn't know know they were in charge of (mass) immigration, permits and national monetary policy.
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  47. Who's no one?
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  48. Especially when you're living beyond your means.
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  49. Starting with yours.
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  50. Another public-sector worker.
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  51. At least communists were wise to keep their borders closed.
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  52. <can you really afford a mortage working 40 hrs at Mcdonalds or tim hortons> Since when did the housing market care about that crowd?
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  53. Europe also has a housing crisis. And Singapore has no more land to build new housing on.
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  54. Abolish welfare. Or impose term limits.
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  55. He's privileged. That's how.
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  56. You mean Toronto and Vancouver are full.
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  57. Canada = Argentina and Venezuela North.
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  58. How is it not affordable when tuition for domestic students is government-subsidized?
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  59. Pretty much. And notice that the only time gender imbalance is brought up is when there are barely any women around?
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  60. You can thank Pierre Trudeau for that.
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  61. Especially Vancouver.
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  62. She's a DEI hire.
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  63.  @Cutlerypotato  And pay the salaries of all the redundant workforce they hired.
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  64.  @BowtieJDP  No. Seniors should have saved or invested during their working years realizing that a government pension just was not going to suffice.
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  65. She was a DEI hire.
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  66.  @sshah2545  And power.
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  67. <I complain about barely makeing rent. > Yet you have no problem buying things you don't need and/or can't afford just to impress people you don't like like the average Canadian living beyond his/her means.
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  68.  @sweetkwaku123  Translation: they can't afford homes in the most popular and desirable areas namely the GTA and Lower Mainland. There's plenty of affordable housing. It's just that they're all located in the least popular and desirable areas.
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  69.  @egeb  Students and temporary residents are exempt from the ban.
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  70. I do.
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  71. LOL
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  72. No. The government is.
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  73. Don't you just love feminism?
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  74. And Jagmeet's wife owns a rental property.
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  75. In other words, live beyond his/her means. Bankruptcy be damned!
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  76. LOL. Since when?
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  77. The money has to come from somewhere to recoup the costs of getting a permit, land and labor to build the housing. And lower-income people are just simply not it.
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  78. Plus Manitoba = 2nd lowest minimum wage in Canada.
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  79. And price freezes = shortages and higher prices on whatever's available.
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  80.  @jennifermarlow.  LOL. Cuba's healthcare is great only for PCC members and tourists. With that said, Cuba is crumbling.
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  81. 1:43 What about the divorced, separated and single (by choice)?
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  82. No. This disaster was entirely made in Canada.
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  83. The problem with Lynx was that the low-cost fares were just simply not sustainable in the face of high operating costs and limited market.
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  84. Exactly.
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  85. That should also be a basic requirement to be allowed to vote.
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  86.  @ameerhamza4046  Thanks to government policy that enabled them.
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  87. <Los Angeles is a great example of this, minus their Highway system which is deeply broken.> LA actually has some land to expand. NY doesn't. And originally, LA was designed for sprawl because its founders wanted nothing to do with NY and Chicago's ways of doing things.
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  88.  @jmela1370  <ol, taxing the vacant and Airbnb properties will add more supply to the market That’ll lower rent prices and RE prices> Like rent control did? LOL
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  89.  @MrMusashiMusashi  BS! The government has agency. Plus, it's part of the rich. <Opening to free market would be a complete failure > According to who? There's barely anything free-market anymore about Canada's housing market as its constant intervention have done plenty to make things scarce and costly leaving rich investors and corporations the only entities that can afford to build and own property.
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  90.  @lamatanteestcontente  <also many people don't know how to cook anymore, and buying prepared or ready to eat food is very expensive. > Just a small price to pay for big city living.
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  91. And AirBnB's are a thing, because the government have made long-term rentals too costly to own and maintain.
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  92. <That's how you actually help affordability for tenants> LOL. No. That's how you ensure there will be nothing for tenants to rent.
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  93. <Greece? They went backrupt not even 10 years ago.> Under far-left governance.
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  94. Which only means inefficiency, mismanagement and eventual privatization.
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  95. Take that up with your Mayor and City Council.
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  96. Canada's minimum wage is really not that high when converted to USD.
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  97. Just finishing what his step-father started.
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  98. <or with a shift by landlords to short-term rentals, which are not subject to price controls> Or properties sold to corporate investors. Or properties left to fall into disrepair.
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  99. Yeah! Fight for higher operating costs and prices. Fight for next at the unemployment line.
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  100. Also however, people only want to live in established areas like Toronto and Vancouver.
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  101.  @tammyvibes87  Because hard-working people are generally lousy with personal finances and some live beyond their means.
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  102. Renters make up only 34% of the population with the vast majority living in the big cities.
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  103. But this is what rent control enabled as they are filling the void left behind by ordinary people getting taxed and regulated out of ownership.
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  104.  @dougpatterson7494  <I support a return to 2019 home price levels.> Do you also support a return to 2019 wage levels?
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  105. <they will never build more than demand as that would reduce profit.> Currently, they're barely allowed to build as bureaucracy and restrictions have made new housing costly to build.
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  106. Our government is the problem.
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  107. With some of those have being former have-nots.
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  108.  @Rnankn  No they haven't. Government meddling is the reason for the housing crisis.
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  109. Detroit is far from densely populated. Its decline was due to de-industrialization and race politics.
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  110. <Raise taxes on the rich. Put in price controls on rent. Build Government run affordable housing units.> With the rich being your next-door neighbor doing a tad better than you. Price control = Venezuela, we have a new challenger. Only to become poverty, blight and crime-ridden slums within a couple generation.
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  111.  @abcdedfg8340  But if you care about you future and/or your family's, you'd be investing.
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  112. Translation: Toronto, Vancouver or death.
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  113. Social democracy is just not sustainable in the long run like the communism/socialism that inspired it.
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  114.  @amsd1231  Too prosperous for their own good.
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  115. Along with ridiculous and excessive regulations.
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  116. When Ontario and Quebec represents 56.8% of the total population, this is what you can expect.
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  117. Can't afford the rent? Move out or get a roommate.
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  118.  @MeMe-cz6pk  Exactly.
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  119. <but it is a great example of why we need purpose built rental and other housing options instead of relying on condos to supply rental and new housing.> You have only bureaucracy and NIMBY to thank for why you can't have them. Too costly and/or all but completely illegal to build and maintain.
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  120.  @MrMusashiMusashi  <Remember, profits are the only thing these companies care about> Like any other self-respecting company. They're not charities.
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  121. Not everyone works from home.
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  122.  @icyglam1895  Apparently, most Canadians don't miss Zeller's.
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  123.  @dickriggles942  Why don't YOU go away?
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  124.  @eanerickson8915  Courtesy of the private sector both workers and bosses alike and debt-financing.
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  125.  @George-z4d  Something a Liberal/NDP voter would say.
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  126.  @Cutlerypotato  I don't know. Ask Detroit how it survived without a tax base.
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  127. LMAO. No. Greed will not disappear even if money was eliminated tomorrow. It didn't disappear in Cambodia when Pol Pot tried to install his Year Zero policies.
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  128. How can it be forced on you when you voted for Trudeau by choice?
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  129. Liberals are for elites and deadbeats.
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  130. Better that than state monopolies where shortages and weaponization abound.
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  131.  @RisetoStrength  Canada is just living off of US largesse.
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  132. Ruled by greedy socialists.
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  133. To the benefit of local Boomers who happen to own some property.
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  134. <It's a worldwide problem> Not in Japan, Venezuela or Switzerland .
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  135.  @sharinglungs3226  And neither will the NDP as they'll probably bankrupt the country like they did the provinces.
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  136. About as much as they need to see food availability reduced along with it.
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  137.  @Hyperpandas  And too costly to maintain.
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  138. You mean the GTA and Lower Mainland have been flooded with immigrants for decades. There are places left to live, but Canadians are too snobbish to consider them.
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  139. Not really as Canada has a major household debt problem due to too many Canadians living beyond their means and being lousy with personal finances.
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  140. This is the big government welfare state social democracy Canada asked for.
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  141. <That will never be used as apartments for long term rentals> Because long-term rentals are no longer viable.
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  142.  @fluffytail6355  And the legacy of Justin's step-father lives on. He was the one who made it acceptable for immigrants to not assimilate as assimilation was "racist."
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  143.  @Thatanonguyintheback  <Other countries have 80% public funded housing> Yet they're in the middle of a housing crisis as well.
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  144. Higher education is a privilege just like it was during Jesus's time.
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  145. City-dwelling Liberal/NDP-voters have that down pat.
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  146. @annzoo2573 While the liberals are taxing the crap out the middle class into poverty.
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  147. 3:56 Due to high taxes, government over-regulation and a Canadian culture that frowns upon success and productivity prompting anyone with talent and ambition to move to the US.
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  148. <privatize basic human needs, > Which is a good thing since the government has proven too incompetent and wasteful to provide such itself in an efficient and adequate manner.
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  149. Canada is becoming the countries many immigrants fled from where repression and regression are the order of the day.
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  150. The real reason is because Quebec is allowed to operate as a de-facto country at Canada's (namely Alberta's) expense courtesy of Justin's daddy. If anything, Canada's paying the price for the British being too kind to the French after kicking their * in the War.
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  151. Because it hasn't. And the current housing market is anything but free with all the government meddling that made housing scarce and costly.
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  152.  @ACGLENCLAR  Exactly.
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  153. <but yeah, anyone that owns a house already also doesnt care what happens to the rest of the population that still doesnt have one. > That would be 66% of Canadians. <renting is just a high priced scam that is ruining alot of peoples lives in canada. out of control greed in the housing market. > Mostly city folks. No. Try government meddling that made affordable housing scarce, too costly and all but completely illegal to build or maintain
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  154. As a matter of government policy.
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  155. And still run into money problems anyway.
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  156. Because foreign students are not eligible for subsidies.
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  157.  @MustyBastard  Because aside from Southern Ontario and the Lower Mainland, Canada is a borderline-uninhabitable frozen wasteland.
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  158. Which will inevitably affect ordinary people on the backend.
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  159.  @thetruedemocraticnorth  Just like socialism never succeeded without tyranny or foreign aid to compensate for the lack of local industry because the government taxed and regulated it to oblivion.
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  160. Yet the private sector is the reason why any housing is built at all. <They are part of the problem increasing the prices.> In response to the bureaucracy that make land acquisition and building costly.
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  161. Low supply is due to restrictions and high costs.
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  162.  @junaid_2107  The only minorities that get treated right are the politically well-connected.
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  163. But you'll likely need foreign aid just to feed yourself.
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  164.  @GETLITUP69  LOL
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  165. Every other leftist and populist's ideal voter.
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  166. <driving up prices and taking property off the market for would be buyers .> Which wouldn't be the average Canadian anyway. This is what rent control enabled.
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  167. Canada = Argentina North.
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  168. And yet the economy stagnated then collapsed. In East Germany and other socialist states' cases, the USSR cut off the aid and they had no real economy to fall back on.
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  169. But rent control is also a big factor in why Air BnB and renovictions exist.
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  170. Developers are not charities. And they're certainly not building or renting/selling anything at a loss just to appease a market they were not even interested in in the first place.
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  171.  @Xanderohh  Except themselves and affiliates.
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  172. The rich as in Justin Trudeau?
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  173. It does. This policy is on par with what the USSR had under Lenin.
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  174. How do you build cheap housing on expensive land?
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  175. Not really. That's just a small price to pay to live in the GTA and Lower Mainland.
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  176. <use have 370 millions people and they don't have a housing crisis> The US's housing crisis is largely limited to the Northeast, West Coast and Florida.
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  177. The only thing that differentiates Canada from the US is Quebec.
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  178. Its prices are already low.
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  179. What about high taxes and over-regulation which discourage any attempt at improving your financial situation?
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  180. And Canadians getting taxed to death to support all that.
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  181.  @sgtpastry  <Canada is a capitalist nation...> Being run into the ground by socialist leadership.
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  182.  @javiervega1065  That's just how they're raised and taught.
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  183. That's just a small price to pay to live in the big city.
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  184. <Yet none of you talk about the elephant in the room which is Airbnb and corporate investment.> Because they're the consequences of rent control and tenants' rights (government intervention) that made long-term renting costly.
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  185.  @Doug-zl8nb  Voted for by bad people.
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  186.  @4freess  Highest household debt in the G9.
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  187.  @maggiemacaskill1037  And renters need to live within their means.
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  188. They as in Pierre Elliot Trudeau. and the "natural-ruling" Party of Canada.
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  189.  @jbudwal  But lost it, because they had no answer for the white man's weaponry and tactics.
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  190. Since when did investors have access to the money-printer?
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  191. It is too expensive because Canada is oversized, overtaxed and regulated, and underpopulated.
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  192. Canada's CEO's are just hundred-thousandaires.
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  193. Rent control enabled Air BnB, renovictions and corporate property ownership.
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  194.  @travismoore22  <Maybe they shouldn't ve landlords in the first place.> Then who will tenants rent from since few of them are in any financial position to buy their own place?
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  195. Many of whom are politicians, bureaucrats and administrators
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  196.  @gilliantohver3225  Somalia is a post-communist no man's land. <That is called socialism > Which doesn't even work without capitalism to prop it up.
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  197.  @slammy333  Somalia is that real communist utopia by definition.
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  198. Social democracy is a very expensive thing to maintain.
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  199. <people that ACTUALLY WORK for their living..> But don't have the foresight to save and invest for their futures which include buying their own houses.
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  200. The rich as in the middle class and those not completely poor.
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  201. Elected by nitwits.
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  202. Like Pierre Trudeau? The PM behind high inflation, the Canadian Peso and food banks?
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  203.  @danca5719  <That is why I believe multiculturalism is actually a really intelligent choice> Like it was in Sweden?
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  204.  @danca5719  <But may I question you, other than complaining about this and that, what have you done to bring the society any positivity> Better question: what have YOU done? <You can’t pick up extreme case and generalize it to all.> Sweden isn't the only case. Germany, France, Italy, Denmark, the UK and the Netherlands.
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  205. That's what it gets for remaining loyal to Britain. Americans are justified in their indifference toward Canada.
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  206. <They are buying up all the dwindling supplies of housing.> Thanks to government meddling that rendered corporations one of the only entities that can afford to build and own property.
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  207. <$2m product and start mass-producing starter homes again like we did in the 50s-70s.> But Canada had far fewer people to accommodate in the 50's-70's notwithstanding the European refugees from the WW2 fallout.
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  208.  @6_6million  <There are no homeless people in dubia yet canada is much richer then UAE,> The UAE has homeless people. Mainly foreign migrants as social assistance is restricted to citizens.
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  209. Homeowners make up the majority and this housing crisis is mainly a big city issue where most of the renters live in.
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  210. Plus, JT is a multi-millionaire.
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  211. And its HQ is not legally allowed to move out of Quebec.
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  212. It's either mass immigration or 6-day work weeks on the people like what Greece has recently considered adopting.
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  213. <as if we don't all know trickle down economics doesn't work> If trickle-down economics don't work, why do the left still practice it?
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  214. Take your pick. The UK, US or China.
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  215.  @haqueash  Only if you were partnered up with someone working a higher-paying position.
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  216. Canada under Justin Trudeau = 21st century worker's paradise.
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  217. The government's greed for more tax revenue.
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  218.  @maranorth  <At the municipal, provincial and federal level, they are all Progressive Conservatives and have been for decades> That's just Barrie. Toronto, Vancouver, Montreal, etc. are left-wing bastions.
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  219.  @compulsiveviewingmaterials  Government bureaucracy enabled it.
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  220. Also Boomers. Namely the ones who own property.
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  221. The private sector is barely allowed to build new homes.
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  222. <In the 1950s the average age people got married at was 22 years old. Today it is 30, and more people are choosing to never marry. > Don't you just love feminism?
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  223. Canadians will find out the real meaning of "tax the rich."
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  224.  @BaronnoBass  Thatcher and Reagan came to clean up the mess made by Callaghan and Carter.
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  225. <You work hard all your life and if it's in a low paying job where you essentially can't save for retirement your screwed when it comes time to retire.> Due to complacency. You had about 40 years to improve your financial situation and/or get a better-paying job. Yes you may have worked hard all your life, but that doesn't mean you know how to manage money.
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  226. <Canada had a social democracy for a scant 25 years before reverting to its true colours as a right wing> , And that's a good thing, because social democracy isn't sustainable.
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  227. No. It's because the government made it too costly and all but completely illegal to build and maintain anything affordable.
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  228. He was also governor of the Bank Of England.
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  229. Agreed. Just don't be crying when you become the rich people who need to pay more.
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  230. Housing is under the province and city's authority.
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  231. Housing is not a right as even public housing have stipulations on who can get it.
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  232. With single-family homes reserved for elites and beneficiaries.
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  233. And at the same time let those renters get their finances together and buy their own house.
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  234. Why not? High building costs.
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  235. At Timmy's, Mickey D's, etc.
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  236.  @PrimaMapleSyrup  And also willing to pay the higher rents.
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  237.  @Hachikii  Thank local zoning laws for that.
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  238. Thanks to government making it too costly to build and own property rendering only the riches of the rich able to do that.
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  239. Because they much rather be taxed into oblivion than live under Conservative rule.
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  240.  @myleshagar9722  China has a smaller land mass than Canada.
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  241.  @Carolinapetroska  But not students or refugees as they are exempt from the ban.
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  242. With Air BnB being a consequence of government meddling which made long-term rentals non-viable.
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  243.  @Robert-b4e1v  Or tax it. Or print it.
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  244.  @Geoffzilla  But their policies enabled it.
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  245. That's where the majority of Canadians live at. Ontario and Quebec = Canada. Everywhere else = irrelevant.
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  246. No. Air BnB is the result of government over-regulation that made long-term rentals non-viable.
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  247. While Libs are on here from their tent encampments.
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  248.  @bendover19193  Who was also the governor of the Bank Of England.
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  249. Saskatchewan, Manitoba, Quebec.
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  250. Due to government interference.
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  251. Ever wonder how all communist revolutions end?
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  252. According to snobs who'd much rather be homeless in Toronto/Vancouver than live decently elsewhere in Canada.
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  253.  @Edward_Bernays  No. We abandoned God due to our own pride.
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  254. Air travel is too expensive in Canada, because Canada has too much ground to cover and not enough people to serve.
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  255. No. People need to learn to live within their means.
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  256.  @1898JoeBoyle  And also the world's highest crime rate.
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  257.  @abcdedfg8340  <Most of world get 3 to 4 weeks minimum,> Not in China, Japan or Singapore.
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  258. <because Canadians are money hungry and don't invest on peopl> No. It's because Canadians are envious and complacent.
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  259.  @101academics  Yes they are. This so-called crisis is more of a big-city issue than anything else.
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  260. Yet Canadians still voted for it anyway.
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  261. Government over-regulation is the reason why only corporations can afford to build and own property.
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  262. Just ask Halifax.
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  263. WRONG! That's what socialism does.
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  264.  @fullfrost  Carney just got into office. The LPC's failures fall upon his predecessor, Justin Trudeau.
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  265. Rent control is the reason Air BnB and corporate ownership exist.
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  266. Well, boomers do. Real estate = their retirement plan.
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  267. <Affordable housing is just the basic human right > No. And certainly not in a major city.
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  268. <They just have to be willing to annoy the filthy rich that benefited from an offset in their ‘shelter timeline’ relative to other Canadians > The Feds are part of the filthy rich. They're not taxing themselves.
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  269. The federal government has the power to drop the barriers but choose not to avoid getting accused of meddling by the provinces especially Quebec.
    1
  270.  @Jp1904lt  <In other major cities family’s live in flats/condos and that’s normal.> Only because cities don't have enough space for SFH's.
    1
  271. Liberal = communism's useful idiot.
    1
  272. LOL. This inflation is mainly caused by the government. Since when did corporations have access to a money-printing machine?
    1
  273.  @obesia1873  <Ya, AB chose to exploit oil and gas while QC chose not to, even though they could have (they have oil and gas too). > AB chooses to exploit oil and gas while QC chooses to live off of the revenues generated via transfer payments.
    1
  274. Or the USSR under Lenin.
    1
  275. <get rid of the middlemen> That would be the government.
    1
  276. <And rents are out of the world> Thanks to high taxes and regulations.
    1
  277. Investors took nothing away.
    1
  278. <Yet those who are on welfare ,disability and seniors can't get a raise on their checks.> What do you mean their checks? The checks are funded by money taken from those who are not disabled, elderly (yet) or lazy.
    1
  279. Because government policy of high taxes and restrictions enabled it.
    1
  280. No. Get rid of the government policies that enabled said devious foreign investor like rent control and mass immigration.
    1
  281. Stop exaggerating.
    1
  282. But housing will still be unaffordable anyway.
    1
  283. A by-product of feminism.
    1
  284.  @synchro_generic  Most investors are local.
    1
  285. Doesn't change the fact that corporations pay more tax than the average worker earns in any given year.
    1
  286. City zoning laws, local NIMBY's.
    1
  287. Developers are not gouging anything. <affordability on new family size housing is way too high.> Because the building and land acquisition costs are way too high.
    1
  288. Why so jealous?
    1
  289. Exactly.
    1
  290. Australia overtook Denmark?
    1
  291.  @AKATenn  The unintended consequences of rent control.
    1
  292.  @AKATenn  <Rent controls make sense...> But rent control brought us renovictions, short-term renting and corporate buyouts.
    1
  293.  @AKATenn  <no, not having regulations and laws to prevent those things brought us them.> No. Regulation brought us this. These are the unintended consequences. Government meddling = scarcity and higher prices for what didn't get overtaxed or regulated to death.
    1
  294. If you insist on living in a high COL area.
    1
  295. This is what is meant by "tax the rich."
    1
  296. Until your wealth is subject to it.
    1
  297. A guy who has shares with Brookfield.
    1
  298. Because he doesn't have to living in a single-family detached house in the suburbs.
    1
  299.  @AbdulAlhazred-l2l  To increase their size and support the more grandiose of vanity projects.
    1
  300. The private sector created nothing. This mess is on the government.
    1
  301. Or gay.
    1
  302. LOL. Good luck with that as most politicians, government employees and many local boomers are "investors."
    1
  303. Inflation is caused by the government.
    1
  304.  @pacman3556  But the top 20% still account for well over 60% of all taxes paid in Canada.
    1
  305. That's if you're willing to put up with hurricanes.
    1
  306. Pretty much.
    1
  307. But that was the price Canada paid to prevent the US from annexing it.
    1
  308. <$25 million rich Pierre Polivierre who qualified for a full pension at 31.> Just like $97 million rich Justin Trudeau and $78 million rich Jagmeet Singh.
    1
  309. And the ultimate result of socialism: (Economic) ruin.
    1
  310. But not everyone has the privilege to WFH.
    1
  311. Not much different from what Chretien and Martin did prior to them. And let's not forget it was Chretien who pulled the plug on social housing.
    1
  312.  @john_doe_not_found  <Nothing gets built because wealthy people control supply.> Namely local politicians and ordinary home-owners.
    1
  313.  @angus7278  Much of the aging population brought it upon themselves when they decided to forego family and future for career and lifestyle.
    1
  314. I thought it was Trudeau Sr.
    1
  315. Canadians are barely white anymore currently making up 69% of the population.
    1
  316. LMAO
    1
  317. Which only leads to higher overall prices.
    1
  318. Because women were the original cheap labor. Miss immigration followed.
    1
  319. <Western countries really need a right wing dictatorship> Agreed.
    1
  320. State-sponsored theft.
    1
  321. No. Government meddling caused it. Those private investors are the reason any new housing was built at all in the face of bureaucracy.
    1
  322. With feminism and (cultural) Marxism.
    1
  323. They're running out of other people's money to support it.
    1
  324. And in turn jack up building costs.
    1
  325. And neither can the state.
    1
  326. Lax immigration laws.
    1
  327.  @WizardHarry69  Why don't you buy your own house?
    1
  328. <Houses are where the people live this is not just about Money and GREED!!!> But thanks to taxes, regulations and bureaucracy, housing is for speculation and investment.
    1
  329. Neither do the limousine liberal or champagne socialist classes.
    1
  330. <There is plenty of capital in Canada to build Canadian houses and rent control is a joke> But bureaucracy made it a costly endeavor. Rent control helped exacerbate the problem.
    1
  331.  @Ynalaw  <Jerry, you are incorrect to smear the average Canadian voter who would never consent to that. > Yet they happily voted for Trudeau Sr. who laid the foundation for what you're seeing now.
    1
  332. <Why recording record profits? > To offset record costs? And since when did profits come before expenses? <Inflation is driven mostly by greed> Namely government greed. <Rich aren't paying workers enough, while jacking up prices.> To cover the costs of government jacking up taxes and restrictions.
    1
  333.  @noseboop4354  Tokyo doesn't have mass immigration or zoning restrictions.
    1
  334. Or Ethiopians under the Derg.
    1
  335. 0:01 That actually exist? No-Named corned beef?
    1
  336. 1. Government did plenty to restrict supply.
    1
  337. Because wherever men go, society goes.
    1
  338. But the 2nd highest average rent in the country.
    1
  339. Will Jagmeet?
    1
  340. All of Canada hasn't become expensive. The problem is that many won't even consider living somewhere else besides Toronto or Vancouver.
    1
  341. Especially if you're a Boomer or an older Gen Xer.
    1
  342. Liberal as in uber-communist.
    1
  343. <Canadians are uneducated and entitled while working jobs that were designed as student jobs. That’s the problem> In addition to only seeking to buy a house in a major metropolitan area.
    1
  344.  @placefantasy1821  <Our housing “crisis” stems from corporate greed and landlords that buy up multiple properties and then list these properties with 0 maintenance at 3x a mortgage price.> Enabled and facilitated by government meddling.
    1
  345. <Building 50+ story condo towers full of 500 sq foot units where there is no associated infrastructure (roads, schools, healthcare) is idiotic and it is all these developers and builders do in Canada.> Thanks to bureaucracy that made every other kind of housing too cost-prohibitive and all but completely illegal to build.
    1
  346.  @abcdedfg8340  Yet has more per capita homelessness than the US among developed countries.
    1
  347.  @strumminfuel4625  The poster is referring to local students needing to pay the real tuition costs.
    1
  348. A wealth tax sounds great until you get some wealth and become a casualty of what you advocated.
    1
  349. Trudeau's policies are designed to exacerbate, not alleviate poverty.
    1
  350.  @terenceyuen4424  Exactly.
    1
  351. Because we didn't have a million immigrants, refugees and asylum-seekers added to the overall population count at a time until Trudeau took office.
    1
  352.  @ariel-th6fj  Thanks to McGuinty and Wynne.
    1
  353. Because high taxes and over-regulation discourage it.
    1
  354. But plenty of money to pay for administrators and bureaucrats.
    1
  355. Every province except Alberta has rent caps.
    1
  356. <Thanks to the degenerate capitalist in Canada who sold out our own people to make a couple of extra dollars> Which would be Pierre Elliott Trudeau.
    1
  357. @MemoryAmethyst While Canada is a UK/US/China/India outpost.
    1
  358.  @tailiu223  Namely the 34% that rent with most of them being city folks.
    1
  359. Marx and Stalin would have been so proud.
    1
  360. Like a Cuban citizen.
    1
  361. Thanks to inflation.
    1
  362. But still pay more taxes than the poor and much of the middle class combined.
    1
  363. Marx and Lenin are smiling from Hell.
    1
  364. Interestingly, the only time communism worked was when it was toned down and capitalist reforms were implemented as the left would call fascism. USSR under Khrushchev and China under Deng.
    1
  365. Let me guess. It's only freedoms and democracy when the left are in charge to tax those who work and produce for a living to subsidize the "less fortunate."
    1
  366. You mean government-protected companies.
    1
  367. <The feds in the 80's (I dont know if it was Pierre Trudeau or Brian Mulroney) cut funding to the CMHC for that purpose> Actually it was in the 90's. And it was Jean Chretien who officially pulled the plug on affordable housing.
    1
  368.  @sureshotfire1  In addition to being overtaxed and regulated.
    1
  369. Basically a 21st century version of what the USSR had under Lenin.
    1
  370. Who's running British Columbia, the province with the highest average rent in the country?
    1
  371.  @randyreadstheholyquran2342  There's Saskatchewan and Quebec among them. Both are run by right-leaning governments yet the housing crisis is not nearly as bad.
    1
  372.  @funbags6471  And Mulroney came to be because of the bad shape Trudeau Sr. left Canada in.
    1
  373.  @flaccidsteel5094  But foreign students are allowed to.
    1
  374. Maybe Jagmeet will do the same.
    1
  375. Rent control and tenants' rights working exactly as intended.
    1
  376. What were Zeller's or Eaton's excuses?
    1
  377. Not really as many will waste it eventually becoming a burden and threat those who manage what they have wisely.
    1
  378. Which only means higher housing prices for families.
    1
  379. That most people still wouldn't be eligible for anyway. Condos are being built, because thanks to zoning restrictions, that's the only high-density housing legally allowed to be built within city limits.
    1
  380. <Canada is the second largest geographical country.> But the vast majority of the population live in the cities and metro areas.
    1
  381. Living off of those who are willing to take a risk.
    1
  382.  @Holiday25832  Largely thanks to the government.
    1
  383.  @dandyone_123  Plus, workers can already own the means of production in capitalism. It's called entrepreneurship and starting your own business. But apparently, a lot of workers don't want the legal and financial responsibilities of ownership so they much rather have someone else do it on their behalf and falsely claim it as theirs along with the revenues generated just because they were lucky enough to get hired.
    1
  384.  @Holiday25832  But have high suicide rates and household debts.
    1
  385.  @Holiday25832  <also the Scandinavian countries are the closest thing to socialism in today's world > According to leftists desperately looking for anything resembling a socialist success story as the socialism they really wanted (USSR, Red China, etc.) embarrassed them.
    1
  386.  @mightyoaks9331  Building affordable homes is just not feasible especially in the face of high real estate and building costs.
    1
  387. <simply taking care of eachother...> Because we don't owe any care to other people. That's reserved for family and friends. <Definitely part of the problem but also a major contributor to that is the lack of people that actually want to work essential jobs like construction.> Partly due to safety reasons.
    1
  388. The many are every bit as greedy.
    1
  389.  @sharinglungs3226  That and condos.
    1
  390.  @jamesbarry1673  <In 15 months when the Democrats sweep back into power > And peddle the same policies that made guys like Trump a necessity. LOL. Trump didn't get into power for no reason.
    1
  391. And also 3rd most expensive place to live in the world.
    1
  392. Living vicariously through the US.
    1
  393. LOL. Interesting how Canadians can't afford to have children yet they can afford to live lifestyles that are well beyond their means. Household debt be damned!
    1
  394. Well in all fairness, most non-rich people are stupid and the policies they voted for will eventually bite them in the butt on the back end.
    1
  395. Cuba and North Korea.
    1
  396. <Most people prefer to live where all the major cities are because that's where all the jobs are.> Also services and social support.
    1
  397. <were only building condos> Due to high real estate and building costs.
    1
  398.  @joeposteraros  Actually yes given where those condo are being built.
    1
  399.  @kmm1863  <This is a main reason why healthcare in Canada is govt controlled> And now Canadians are suffering from it in the form of staffing shortages, inability to get timely care, etc.
    1
  400. With the amount that had to be paid for land, permit and construction, what makes you think they were going to be affordable? Plus, condos are not for average folks anyway.
    1
  401. <We are in a mostly renters society> 66% of Canadians are home-owners.
    1
  402. The unintended consequences of rent control.
    1
  403. <birth rate is so low its not helping either.> Because Canadians have gotten too hedonistic and self-absorbed to make babies.
    1
  404. Thanks to bureaucracy, every other kind of housing are not worth investing in due to being either too costly or all but completely illegal to build.
    1
  405. But hardly anyone's in a hurry to live there.
    1
  406. Namely Ontario and Quebec.
    1
  407.  @thetruedemocraticnorth  Because who knew that taxing the rich actually hurts the poor in the long run and enables monopolies?
    1
  408.  @icyglam1895  Both of which Canadians happily supported no questions asked.
    1
  409. Canada taxes any attempt at prospering.
    1
  410. That Ontario, Quebec, British Columbia and the Maritimes all happily voted for.
    1
  411. <Create a law to limit rent costs in different areas,> We already did that. Hence the Air BnB and renovictions. <investors will then be forced to sell their properties, > Or leave the properties to crumble calling for demolition as that is deemed more profitable than renting to bad tenants they cannot legally evict in a timely manner.
    1
  412. Protectionism only benefits local governments and industry elites subjecting citizens to high prices and limited choice.
    1
  413. Because the government mismanaged them into insolvency.
    1
  414.  @e75short14  And who told those workers to do business with landlords?
    1
  415. <The most corrupt nation in Europe that never was a bastion for hope and democracy.> Thanks to Russian meddling.
    1
  416. You have also feminism to thank. Feminism led to single people and childless couples needing homes along with mass immigration to make up for all the babies not being had.
    1
  417. Canada prefers to just live off of the US and China.
    1
  418. The only people wanting more wealth by stealing from the poor citizens is the government.
    1
  419. <illegal air bnb> Air BnB is the result of (provincial) government meddling in the rental laws lopsided in favor of tenants that made long-term rentals no longer worth having around.
    1
  420. So does every other Canadian politician and civil servant be they local, provincial or federal.
    1
  421. LOL. We already did that.
    1
  422.  @JuliusFawcett  Only to have less housing and still higher prices.
    1
  423.  @apeters5339  Because the city and the province made those not worth the trouble.
    1
  424. Plus entitled and prideful.
    1
  425. No. It's because high taxes and inflation ate it up.
    1
  426.  @fofal  Then buy your own house. People are done subsidizing your lousy handling of finances.
    1
  427.  @Haxerous  Bloomberg is not for the financially illiterate.
    1
  428.  @glenhodgetts6448  Yet it didn't last because it wasn't sustainable.
    1
  429.  @postmodgent1499  <shortage is cause by multiple properties owned by one person and not regulating non-resident buying.> No. Shortage caused by government restrictions on building and supply.
    1
  430. It feels totally cramped only because the vast majority of the population live in the city that's just barely a 2 hour drive away from the Canada-US border.
    1
  431. A lot of those Canadians got what they voted for.
    1
  432. <because we've stopped having children.> Because we sacrificed family and future for career and lifestyle. Never mind that we happily drank the progressive Kool-Aid.
    1
  433.  @Eric-lx8hp  Mostly local ones.
    1
  434. Who's us? Not everyone was dumb enough to to vote for him.
    1
  435.  @handsomejustin  LOL. The middle class in China are just CCP employees. Not ordinary folks.
    1
  436. Pretty much.
    1
  437. 1. Largely of their own making 2. Due to high taxes. 3. You mean over-regulated.
    1
  438. Canadians need to start making babies again. But that would mean they have to do an about-face on feminism.
    1
  439. The consequences of rent control.
    1
  440. Then you better not complain about the lack of maintenance or housing availability.
    1
  441. Who needs conservatives when liberals are the ones doing it? Taxing the rich ironically benefits the rich.
    1
  442. Niagara Falls, NY is a dump.
    1
  443. <Instead they allowed condos to be built instead, > Enabled by rent control and tenants' rights that made (long-term) rentals costly and all but completely illegal to build and maintain.
    1
  444.  @pacman3556  Rich people like Justin Trudeau himself?
    1
  445. Those homes were not made for average folks.
    1
  446.  @zomgoose  Buy low, sell/rent high. Like any businessperson with sense.
    1
  447.  @lynb1022  <Yes renters are "forced" to rent when we can't afford to buy, in large part because rent-gouging has eaten up our savings an/or doesn't allow us to save for a downpayment in the first place> Or too irresponsible with personal finances to buy. <You go right on convincing yourself that you aren't a parasite of society while the rest of us go on fixing the crisis that people like you created, and eventually putting you out of business.> If it wasn't for the landlord, you wouldn't have a place to live especially in the city where it makes littles to own as people tend to move a lot.
    1
  448. Would that include personal greed with ordinary people living beyond their means?
    1
  449. <Housing to get more affordable> Not while we still have mass immigration and government-imposed restrictions on building.
    1
  450.  @montrose699  <A modern good society should work this way.> It is not sustainable in the face of a rising # of people "in need" and falling # of people who work and produce.
    1
  451. Commie, please!
    1
  452. <The solution is to increase the population> Not just that but build other cities to cut down on the amount of distance between population centers needed to be covered. <Not enough people/customers to maintain enough competition in any industry (groceries, cell phones, airlines, etc. etc. etc) > Along with high infrastructure costs just to cover all the areas of importance.
    1
  453.  @doctorgonzo5358  Blackrock is a thing, because government meddling made housing too costly to build and own leaving only the riches of the rich to take on the task.
    1
  454. Australia somewhat has that and yet its crisis is every bit as bad.
    1
  455. Wrong! Record profits due to record inflation caused by bad government policy.
    1
  456. Bureaucrats and public-sector workers.
    1
  457.  @deke88  Texas doesn't have zoning restrictions and bureaucracy is low.
    1
  458. Not really. It will be affordable when the big city stops being the go-to place for opportunities and services.
    1
  459.  @CynofDeath  <Ignorance is bliss I guess.> Indeed. Including that of those who think every business-owner is a multi-millionaire. <You must really love being cattle.> No. I just hate to inform you that most of the people who will be affected by what you're suggesting are those employed by smaller business that is not in any financial position to pay more than its operating budget can bear.
    1
  460.  @julielevesque2668  Local zoning restrictions are the reason developers build luxury condos and apartments. They're the only high-density housing legally allowed to be built in the city.
    1
  461. They're not building anything at a loss.
    1
  462. The current housing crisis in Canada is happening under Liberal leadership.
    1
  463.  @mstar7520  Also vanity projects and lining their own pockets.
    1
  464.  @compulsiveviewingmaterials  LOL. Please! <Cons are ALWAYS worse.> According to public-sector workers and welfare bums.
    1
  465. <we have the land!> But 89% of it belongs to the Crown.
    1
  466. <And above all, inheritance rights must be abolished so that everyone WITHOUT EXCEPTION can inherit anything, but only up to a SINGLE LIMITED AMOUNT. All evil in the world is based on hereditary accumulation. So we finally remove it!> How about no and you have enough foresight to leave behind something for your own kids?
    1
  467. Pizza Pizza hold its own. Of all the pizza chains, it's the cheapest.
    1
  468. Yet when humanity was at 500 000 000, people still complained about the planet being over-populated.
    1
  469. Thanks to high taxes and over-regulation.
    1
  470.  @Ash_Wen-li  No. We have condos for that.
    1
  471. <capitalism if not for people, it’s for its shareholders! Greed is disgusting> Neither is socialism. It's for the bureaucrats and the privileged. Envy is every bit as disgusting.
    1
  472. Land values and building costs.
    1
  473. Canada is becoming like the oil-rich Persian Gulf countries in terms of gender ratio.
    1
  474. Canada's market just isn't big enough to support more competition much less lower prices.
    1
  475. That is just not going to happen.
    1
  476. I guess I qualify.
    1
  477. Your "tax-the-rich" policies at work.
    1
  478.  @mollyanderson4562  < ignore corporations/investors buying units as an "investment".> They're the reason there's any new building of housing at all. The real problem is local zoning restrictions and NIMBY's which in turn make housing costly to build and own especially within city limits.
    1
  479. To do big business a favor and price the smaller competition out of the market.
    1
  480.  @Geoffzilla  No one could even if they wanted to. Condos are for singles and childless couples. Want to raise a family? Get out of the core if not the city altogether.
    1
  481. Tenants are not the majority anywhere in Canada aside from Montreal and Vancouver city limits.
    1
  482. Voted for by ignorant and delusional citizens.
    1
  483. <This mans idea of a hard days work is talking on the phone and staring at spread sheets.> Conducting business and negotiating deals around the clock and then some. <I know plenty of people working two jobs just trying to get by> Punching the clock, doing as they're told and collecting a paycheque.
    1
  484.  @parkerbohnn  The consequences of Liberal rule. A bankrupt and unrecognizable nation.
    1
  485. Bill 96 turned to be a blessing in disguise.
    1
  486. And progressive politics.
    1
  487. Close the borders first.
    1
  488. Just like only rich people can get a house built.
    1
  489. This is about Canada. F the rest of the world.
    1
  490. 1. Also easier access to money and higher-paying jobs. <4. cost of living goes even higher due to increased demand for houses, transport, (basically resources)> With cities having only so much space to designate for inhabitation.
    1
  491. <Let's deal with discrimination> For what? Landlords have every right to deny housing to those with kids and/or pets.
    1
  492.  @somewhereinagalaxyfarfaraway  They should. Their property, their rules.
    1
  493.  @kellyevans9682  He is to blame for domestic inflation and the carbon tax.
    1
  494. Welcome to being being among the top 11%.
    1
  495. <Every country needs to come into agreement and raise taxes on the rich.> That is not a viable solution. Plenty of countries did that to their own detriment including France and the UK.
    1
  496.  @pickupmidland3523  <and they’ll do more work because they know they have no other options.> Also they're used to working long hours.
    1
  497.  @fluffytail6355  Unfortunately, Canada is too woke and full of self-loathing White guilt for that.
    1
  498. Enabled by rent control as ordinary people have been taxed and regulated out of property-ownership leaving the richest of the rich to fill the void.
    1
  499. Exactly.
    1
  500. Just because it's a basic human need does not make it a right. No one is owed or obligated to provide anything. <A system that must create shortages to create ever higher profits year upon year.> Better that than a system that consistently has shortages because it cannot meet said basic human needs in an adequate let alone efficient manner. There's a reason why socialism failed.
    1
  501. Employees risked nothing except a rejected job application.
    1
  502.  @Ynalaw  Over the federal and provincial government's dead bodies.
    1
  503.  @Rnankn  <Because everyone is not as self-interested and greedy as you assume.> Because they're ignorant and delusional.
    1
  504. <because they draw Americans from other expensive, high-tax, high regulation places.> Mainly Blue states. Don't forget Charlotte.
    1
  505. Much of which is due to taxes and fees.
    1
  506.  @buttnugget2900  Because you allowed them to.
    1
  507. Stop being envious and bitter.
    1
  508. Especially by the elderly to compensate for not being paid paid interest in their savings and pensions.
    1