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Zach B
The Plain Bagel
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Comments by "Zach B" (@zachb1706) on "The Canadian Housing Crisis Explained" video.
@coopsnz1 Australia is actually a generally low taxed country compared to other developed nations.
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Australia has essentially the same problems. - Massive amount of liveable land, but everyone lives in cities. - Constantly growing regulations makes it take too long, cost too much and too risky to build new housing. - Councils and state governments restrict densification. - Massive immigration that doesn't target construction. - A large mining/drilling industry which is taking workers away from construction as the price of raw materials exploded over 2022. - A heavily regulated risk-averse banking industry.
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