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Comments by "" (@shauncameron8390) on "The Housing Affordability Crisis Sweeping North America | Wall Street Week" video.
According to greedy, entitled city folks.
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<no one ever builds affordable housing. > Because it costs a fortune just to get a permit and land to build on in addition to the building and maintenance costs. Due to that, condos have become the only feasible form of housing that can be built within city limits.
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Also the fact that everyone want to live in the city even thinking it's a God-given right.
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@leok7193 Well-said.
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@ooogyman A) In other words, living beyond their means.
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@dannyt7075 Pretty much.
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Not Canada. Just the GTA and Lower Mainland.
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@waterbug1135 Exactly!
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Only for those who insist on living in NYC, the Bay Area, LA, etc.
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@i_like_beer-o2f Mainly due to mass immigration.
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While small-towners are impacted by local buyers from the cities they got priced out of.
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But 89% of the land is Crown-owned and off-limits to development.
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America: only in the Northeast and West Coast.
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Rental properties make perfect sense for cities due to their transient nature with people tending to move a lot.
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@i_like_beer-o2f Not really. the poster would much rather people consider actually living where they can afford and stop thinking they're entitled to live wherever they want, personal finances be damned!
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Vancouver has rent control. Yet British Columbia, where Vancouver is located in, has the highest average rent and eviction rates in Canada.
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Pretty much.
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What Trump voters? Most of the Americans suffering from the housing crisis all live in the cities where leftist, progressive, uber-Marxist Trump-haters are in charge.
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If you care about your future, you'd invest.
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Exactly.
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That's what rural areas and suburbs are for.
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@felixthecat2786 The crisis is largely restricted to the Northeast and West Coast where all the Trump-haters live at.
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@nicholas11121 High building and maintenance costs along with bureaucracy.
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Only to price out the residents of said affordable province. Case(s) in point: Alberta and Nova Scotia.
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@waterbug1135 Because citizens are entitled and ungrateful.
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