Comments by "josh fritz" (@joshfritz5345) on "Hindsight" channel.

  1. Over regulation and over taxation are two of the principle causes of high cost of living.
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  2. Over-regulation plays a substantial part in the cost. The housing shortage is caused primarily by strict environmental and zoning regulations which makes it almost impossible to build new homes.
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  3. It's mostly caused by regulation. It's extremely expensive to get approved to build houses in Canada.
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  4. Canada has strict regulation which effectively makes it illegal to build new houses despite all the open land.
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  5.  @MrScarduelli  Most people don't get that. They'll point fingers at landlords or labor shortages, but the core of the issue is regulation. If regulation increases the cost of building a new home, that cost gets passed onto the consumer.
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  6.  @peekapeeka6482  It could be done, but the greens refuse to allow the northern parts to be developed. Every attempt to build new communities around areas with rich natural resources will be met with regulation, denied permits and be shut down by the government.
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  7. No one ever talks about the problems with excessive regulation
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  8. Pass new regulations so that building new homes is basically illegal. Import millions of foreigners. "Rent is too high!" Pass rent controls "I can't find anywhere to live!" Government buys up all the houses, become communist country.
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  9. The cause is always the same: excessive regulation and taxation. It can take years and millions of dollars to get approved to build just a few homes which drives the cost of rent up.
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  10. They're mindless bureaucrats whose only mind is to bring in more servants. It never occurs to them that their current population could be more productive if they loosened up on regulation
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  11. They pass so many regulations that it's impossible for anyone to build more houses or utilize natural resources, creating artificial monopolies.
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  12.  @csibesz07  People put their money into property because it's one of the few commodities that doesn't lose its value over time. But this has created a situation where people who hold these assets benefit from the shortage and have incentive to lobby for stricter regulation so no new homes can be built. If more homes were built, they would have to lower their rent. No, more taxes and regulation will not help, they are a core part of the problem. Raising taxes on land owners causes rent to go up as the landlords pass the costs onto the renter. Increasing regulation on new constructions causes housing shortages, thus giving landlords more power to negotiate higher prices.
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  13.  @Mikke_Goldenroad  Capitalism and communism are not fundamentally different systems, they are simply opposites on the end of the same scale of market freedom. Capitalism is when you have free markets and low taxes, and socialism is when all property belongs to the government. The latter sucks.
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