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Comments by "" (@shauncameron8390) on "BNN Bloomberg" channel.
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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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@ACGLENCLAR Exactly.
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<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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As a matter of government policy.
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And still run into money problems anyway.
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Because foreign students are not eligible for subsidies.
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@MustyBastard Because aside from Southern Ontario and the Lower Mainland, Canada is a borderline-uninhabitable frozen wasteland.
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Which will inevitably affect ordinary people on the backend.
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@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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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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Low supply is due to restrictions and high costs.
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@junaid_2107 The only minorities that get treated right are the politically well-connected.
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But you'll likely need foreign aid just to feed yourself.
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@GETLITUP69 LOL
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Every other leftist and populist's ideal voter.
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<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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Canada = Argentina North.
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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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But rent control is also a big factor in why Air BnB and renovictions exist.
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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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@Xanderohh Except themselves and affiliates.
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The rich as in Justin Trudeau?
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It does. This policy is on par with what the USSR had under Lenin.
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How do you build cheap housing on expensive land?
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Not really. That's just a small price to pay to live in the GTA and Lower Mainland.
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<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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The only thing that differentiates Canada from the US is Quebec.
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Its prices are already low.
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What about high taxes and over-regulation which discourage any attempt at improving your financial situation?
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And Canadians getting taxed to death to support all that.
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@sgtpastry <Canada is a capitalist nation...> Being run into the ground by socialist leadership.
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@javiervega1065 That's just how they're raised and taught.
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That's just a small price to pay to live in the big city.
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<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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@Doug-zl8nb Voted for by bad people.
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@4freess Highest household debt in the G9.
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@maggiemacaskill1037 And renters need to live within their means.
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They as in Pierre Elliot Trudeau. and the "natural-ruling" Party of Canada.
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@jbudwal But lost it, because they had no answer for the white man's weaponry and tactics.
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Since when did investors have access to the money-printer?
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It is too expensive because Canada is oversized, overtaxed and regulated, and underpopulated.
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Canada's CEO's are just hundred-thousandaires.
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Rent control enabled Air BnB, renovictions and corporate property ownership.
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@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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Many of whom are politicians, bureaucrats and administrators
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@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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@slammy333 Somalia is that real communist utopia by definition.
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Social democracy is a very expensive thing to maintain.
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<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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The rich as in the middle class and those not completely poor.
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