Comments by "Travis Cutler" (@traviscutler9912) on "David Lin " channel.

 @zomgoose if by that you mean that PP will do what Trump tells him than I agree!
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@polishtheday yeah, it's sad but true. With Trump's "drill baby drill!" will further drive down oil prices for high quality oil let alone for oil sands so that's not going to solve anything for Canadians. Unfortunately, even Nuclear would be a decade or more away. Ugh
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The average Canadian resale house sold for $294,270 in 2006 when Harper took power. Upon leaving office at the beginning of 2016 average price for various housing types sold nationally for all of 2016 reached a new yearly high of $490,495, up 10.7 per cent from 2015. Up over 60%, not double like the Liberals but also doesn't include the world's worst inflation in over 40 years which has been almost 30% since 2019. Fact is neither Federal parties control the cost of housing which is the responsibility of municipalities and the provinces. But it won't stop Pierre Polllievere from making promises he can't keep.
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It's definitely true that migration has significantly increased under Trudeau, almost by double in fact. Also, under Harper's abandonment of the federal housing program (also decimated by the federal liberals before them but they stuck the fork in it) basically allowed a massive loss of housing stock and then proceeded to block any support of housing in Canada for decades. Unfortunately both things are true, we definitely need mass immigration to deal with the boomer die off and we also need a massive amount of housing to be built, not just by the private sector but also by government (I live in Vancouver where they gave every single tax break possible and every giveaway to all their developer buddies and the only thing that happened is now we have the most expensive empty condos from offshore private investors hiding their money. Back when government actually supported housing and there were other options housing prices were much more reasonable because people had options. Another major issue is of the different venture capitalists firms buying up all the housing from distressed buyers and then renting it back to them because the prices are so high. This should be illegal, there should never be more than 5% tops into profit off housing. Any profit over that should be exponentially, taxed and put into a Fund specifically for more additional housing as well as landlord protection for emergencies for natural disasters or something. That way secure extremely low interest loans from the government to continue to complete housing for both rental & private homes, condos. Unfortunately, both the conservatives and the liberals are deeply in the pockets of real estate developers as they are usually the only people with enough money to talk to actual politicians, so I don't see this happening anytime soon. The system works
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You could literally not pay me to live there.
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