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Comments by "" (@shauncameron8390) on "" video.
It's not the capitalist's job to build affordable housing either. Not when they have to pay a fortune just to get a permit to build. Never the land and building costs.
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Entitled tenants.
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Not really as once there are no more wealthy to tax, the middle class and the poor will end up bearing the brunt.
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Rent control exacerbated the problem as anyone trying to get an apartment was SOL.
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Governments don't build anything much less housing. They hire private firms for that.
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@write2nick That only works for women.
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And replaced him with someone even worse.
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<Let's also build 10,000 condos in Toronto but no affordable rentals> Thanks to the local zoning laws and NIMBY's, condos are pretty much the only high-density housing legally allowed to be built at a profit.
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Only to cause housing shortages as there will be no place to rent for new renters.
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Investors are the reason any new housing is built at all.
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@@MazesSA-sj7rz I guess you preferred rent control and new renters struggling to find an apartment amidst near 0% vacancy rates.
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@MrFanstar007 The housing market is anything but laissez-faire. Government meddling has pretty much ensured that only the richest of the rich can afford to build and own property.
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@Marc-gj9vx Or even high divorce rates which necessitated more housing to be built to accommodate those who got kicked out of the family home.
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They're the only entities who can afford the government-imposed high costs of building and owning housing.
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Jean Chretien is a conservative now? He was the one who pulled the plug on social housing as soon as he got into office.
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@MeMe-zq7qd <It doesn’t matter where you look all housing/rent prices are way over inflated country wide. > Not in Manitoba, Saskatchewan, PEI, Newfoundland and Labrador or even Quebec.
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That and cut off the social assistance. You can not have a welfare state and open borders at the same time as Germany and Sweden are finding out the hard way.
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@hhwwang Also a max cap on salaries.
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<Be prepared Canada to live with your parents and brothers and children....> Like the old days.
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@Ni66otFa66er And service-sector workers.
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@write2nick Only for it to be bought by someone willing and able to pay a bit more.
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@djayjp You're the only clown here.
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@djayjp The same top 10-20% responsible for 70-80% of all taxes paid. Plus, only 11% of Canadians make 6-figures or greater to begin with.
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@margaretnicholdesign The government was the one that disincentivized building and owning rental housing with its zoning restrictions and lopsided rental laws in favor of tenants.
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High mortgage, high land value and tax, etc.
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@devinmcmanus With what money?
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@devinmcmanus It's not a distraction. Where is the money going to come to compensate for the losses so-called affordable housing will take because the tenants are being undercharged and whatever rent they do pay is not enough to cover basic maintenance?
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@JUNGLEJUICEJONES That's what British loyalty does.
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With some of them being condemned awaiting either renovation or demolition.
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Like personal greed? Canada has a high household debt for a reason.
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@TheAMBULOCETUS With some of you happily going along with it.
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@@MazesSA-sj7rz It was a disaster only to existing renters who've been given a free ride for too long as new renters could hardly find a place available.
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@tntcanada420 But at least provinces that are financially solvent.
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@TMGMedia73 Except British Columbia.
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@Nothing-fp7jg Due to government meddling making long-term rentals no longer viable.
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@bradc32 Just to support said raised wages.
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With what money?
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If they were totally unaffordable, they wouldn't have been built at all.
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@devastatoes Who's the average Canadian? Urban professionals have no problem affording it. Nor do yuppies, wealthy pensioners who sold off their suburban homes, etc.
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Thanks to high taxes and inflation.
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@Themiddleman416 Especially Vancouver. At least Toronto has some economic activity to justify its costs.
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@acadian76 Winnipeg and Regina don't have the economic activity to pay what Toronto pays. Winnipeg and Regina are cheap if you're from Toronto. They're anything but for locals making local wages.
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How exactly are they being greedy when the costs to maintain the units (taxes, insurance, repairs, etc.) are going up and the affordable rates are just no longer sufficient to cover them?
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@kuruptzZz <They are likely among those investors!> That's one of the ways they make money outside of politics.
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Government meddling is the reason why we have a housing crisis.
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Karl Marx would have been proud of this.
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@canadiannaturesounds The only bills I have are internet and pension contribution.
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And cripple the economy in the process.
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@pattyofurniture Where is the money going to come from for them to do all that?
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@pattyofurniture Tenants don't pay the kind of taxes necessary to support it.
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To breed out and replace the locals.
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They don't matter.
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@Marc-gj9vx Niagara Falls, USA = East St. Louis and Camden, USA. A dump.
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Rent control does not work and just exacerbates housing shortages never mind unaffordability. Plus, government meddling is the reason we have a crisis to begin with.
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@jeniferdouglas ROFL.
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That's just Montreal.
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And turn Alberta into another Ontario and British Columbia.
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<it is not governments role to rectify the problem> Actually it is as mass immigration has done a lot to suppress wages.
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@thelostcosmonaut5555 But it is your responsibility to honor the lease you signed. Pay up or move out.
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How about a better idea? Close the borders and cap immigration?
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<due to colleges & Universities wanting to make more money from foreign students.> Because foreign students pay top dollar while citizens pay a steep discount.
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Not really. And you just said you live in Downtown Toronto, an area that was never known for its affordability.
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You mean poor 34% with most of them living in the cities.
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@ihategooglesomuch When women were barely allowed to work outside of home.
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@Canada_Dominium She's either one of those strong & independent types or riding the carousel until she hits the wall.
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Not in Quebec. And the most affordable places to live are located there.
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High land, building and permit costs.
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The problem is the government ultimately. If anything, this is tax-the-rich policy at work.
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And government restrictions on housing supply.
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<Regulation and policy could have avoided this catastrophe> Not really as regulation and policy enabled and exacerbated it.
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@TimScott-x2d <even slaves where housed and fed...> But a lot of slaves risked death and homelessness as they were preferable to the brutal conditions they lived under despite being housed and fed.
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@CarFreeSegnitz <The private sector has not, and will not, respond by building sufficient housing. The private sector makes loads by undersupplying the market.> Due to government restrictions on building. And how is the private sector making loads when they had to pay a fortune just to get a permit and land to build?
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@noseboop4354 <or be proactive and implement affordable housing solutions and significantly reduce those problems like in Vienna or Tokyo (> Austria and Japan could do that because neither of them have mass immigration.
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@ihategooglesomuch And no one is interested in building and selling/renting at a loss.
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Not without massive subsidies.
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@devinmcmanus At the expense of taxpayers and the economy's viability?
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No. The government has done enough damage.
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And high demand due to mass immigration. Plus, the cities have only so much space to go around.
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@chriscm3384 Doesn't matter. You just do what you have to do to improve your situation. It seems that tenants are entitled and complacent.
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@morimoko Wages go up, everything else goes up as since you earn more, you can afford to pay more.
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@PuffingPenguin Unless you're fortunate enough to get city or co-op housing.
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@TheeQuirkyPanda <Granted, I work part-time most of the year and I'm a student, but I make 24$/hr. How is that salary barely above minimum wage? > Your part-time hours at $24/hour is on par with someone's full-time hours at Quebec's current minimum wage.
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slimeside1307 Because Canadians drank the feminist Marxist Kool-Aid.
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