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

  1. <We are in a mostly renters society> 66% of Canadians are home-owners.
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  2. The unintended consequences of rent control.
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  3. <birth rate is so low its not helping either.> Because Canadians have gotten too hedonistic and self-absorbed to make babies.
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  4. 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.
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  5. But hardly anyone's in a hurry to live there.
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  6. Namely Ontario and Quebec.
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  7.  @thetruedemocraticnorth  Because who knew that taxing the rich actually hurts the poor in the long run and enables monopolies?
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  8.  @icyglam1895  Both of which Canadians happily supported no questions asked.
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  9. Canada taxes any attempt at prospering.
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  10. That Ontario, Quebec, British Columbia and the Maritimes all happily voted for.
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  11. <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.
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  12. Protectionism only benefits local governments and industry elites subjecting citizens to high prices and limited choice.
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  13. Because the government mismanaged them into insolvency.
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  14.  @e75short14  And who told those workers to do business with landlords?
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  15. <The most corrupt nation in Europe that never was a bastion for hope and democracy.> Thanks to Russian meddling.
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  16. 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.
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  17. Canada prefers to just live off of the US and China.
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  18. The only people wanting more wealth by stealing from the poor citizens is the government.
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  19. <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.
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  20. So does every other Canadian politician and civil servant be they local, provincial or federal.
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  21. LOL. We already did that.
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  22.  @JuliusFawcett  Only to have less housing and still higher prices.
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  23.  @apeters5339  Because the city and the province made those not worth the trouble.
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  24. Plus entitled and prideful.
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  25. No. It's because high taxes and inflation ate it up.
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  26.  @fofal  Then buy your own house. People are done subsidizing your lousy handling of finances.
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  27.  @Haxerous  Bloomberg is not for the financially illiterate.
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  28.  @glenhodgetts6448  Yet it didn't last because it wasn't sustainable.
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  29.  @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.
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  30. 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.
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  31. A lot of those Canadians got what they voted for.
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  32. <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.
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  33.  @Eric-lx8hp  Mostly local ones.
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  34. Who's us? Not everyone was dumb enough to to vote for him.
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  35.  @handsomejustin  LOL. The middle class in China are just CCP employees. Not ordinary folks.
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  36. Pretty much.
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  37. 1. Largely of their own making 2. Due to high taxes. 3. You mean over-regulated.
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  38. Canadians need to start making babies again. But that would mean they have to do an about-face on feminism.
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  39. The consequences of rent control.
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  40. Then you better not complain about the lack of maintenance or housing availability.
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  41. Who needs conservatives when liberals are the ones doing it? Taxing the rich ironically benefits the rich.
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  42. Niagara Falls, NY is a dump.
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  43. <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.
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  44.  @pacman3556  Rich people like Justin Trudeau himself?
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  45. Those homes were not made for average folks.
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  46.  @zomgoose  Buy low, sell/rent high. Like any businessperson with sense.
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  47.  @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.
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  48. Would that include personal greed with ordinary people living beyond their means?
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  49. <Housing to get more affordable> Not while we still have mass immigration and government-imposed restrictions on building.
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  50.  @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.
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