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2 yr. ago

  • Unless there's some method for you to help them become eligible to work in your country, you legally need to put the company's safety first. If you give different reason to hide things you could be exposing your company to liability, so the safest option for both the company and for the applicant is for you to straight up ghost them.

  • PR is a non-starter for the liberals, their party would completely disappear if they passed it. That's why they sabotaged/killed it even though they promised last time.

    The NDP couldn't push it through even if they wanted, all it would have done is forced an election into the Conservatives.

  • I do mean renters will have more leverage once home ownership rates drop.

    We will never build enough homes to drop housing prices to affordable levels. Prices can't just stop growing, they have to actually drop, and developers will run away from projects the moment prices start declining. We've already seen a slowdown in construction in the last year as home prices stagnated.

  • You're right that this is a rock and a hard place. Which is why I don't expect it to change anytime soon. What needs to happen is that home ownership rates need to drop, meaning more voters will be renters, then they will have the political clout to push through policies that make things more affordable for them by destroying home values for the now minority of owners.

    I give it about 30 years or so before we see that.

  • Because when you look at the total ownership, individual home owners are making the vast majority of the profit from keeping prices high. Around 65% of homes are owned by the family that lives in them, and the second largest chunk of the market is dedicated rental apartments which need to be owned by corps or they would never get built in the first place and are a needed part of the economy, then a smaller chunk is the landlord who own their home plus one rental.

    Corporate ownership of non-dedicated rental buildings (houses, townhouses, etc) is still a very small percentage of the overall market.

    Should it be happening at all? Probably not, but at the end of the day most of the profits of housing and land appreciation are being reaped by single home owners.

    There was a news article a few days ago about a new development land purchase that just went through in Vancouver, BC. 25ish lots were purchased from individual home owners, for a total of $100 million or about 4 million dollars per lot. That cost gets passed onto the people buying the new condos going in, and the profit is going to individual home owners who probably bought those lots for hundreds of thousands over the last twenty or thirty years.

  • It's a very fundamental concept that almost everyone is missing.

    If houses increase faster than wages, the price of them relative to incomes will slowly go up forever making them less and less affordable.

    If housing prices go up less than wages (or even go down) then the people owning the houses are losing money each month, but the housing costs will stabilize at a price level that is balanced by how much money people are willing to lose each month just to have a home.

    The second option isn't as bad as most people think, it's how cars work right now. You're willing to buy a car and spend money each month because it benefits your life, not because it gives you money back.

    How do we achieve prices going up less than wages? There are about a dozen different possible ways for the government to do it. Options include the Government owning all land and just renting/leasing it to people instead of selling it, putting a 100% capital gains tax on the land (not the buildings), or my personal favorite which is a yearly land value tax (not a property or building tax) and using that revenue to pay for a basic income leaving a net zero tax change for a person who uses an appropriate amount of land for a given area.

  • Mostly because voters don't prioritize mass transit at all.

    Politicians are not corrupt, they just follow the whims of the voters who aren't rational.

    Affordable housing is the same problem, voters don't want it yet because it would crash existing house prices.

  • You really don't understand finances at all.

    Rich people borrow money at low rates all the time, in order to make larger returns on other investments. If I borrow 500,000 at 4%, and then invest it, I can make a lot of money. For example, If I had borrowed against my property in 2024 and invested it in the S&P 500, I would have made a 22.3% return, minus the 4%, so 18% profit on the value I pulled out of my house. There's obviously risk involved, but this is not an uncommon practice. You can even re-invest it in real estate itself by borrowing the money to buy more properties.

    Proportion doesn't matter at all, If I had bought a million dollar house, and sell it for 1.7 million (70% increase) and downsize to a $600k house that went up to $1020k (also 70%) in that same time, I've made 700-420=$280k more than if I had just bought the smaller house to begin with, minus a bit of interest difference (much less than the $280k)

    You say that renting it out is the problem, but both of the options above are also generating money by stripping wealth from other people (whoever buys the house, or whoever is buying houses that cause my house to appreciate in value)

    Housing appreciation IS the problem, without housing appreciation, housing wouldn't have become unaffordable in the first place and we wouldn't be complaining about the current cost of living issues.

    In order for us to have affordable housing, property cannot appreciate faster than wages. Otherwise over time, it will ALWAYS become unaffordable.

  • You clearly don't understand this, so I'll make it even simpler for you.

    Here's the City of Victoria tax rates for the last 7 years https://wowa.ca/taxes/victoria-property-tax

    The property tax rate for Victoria was higher in 2018 than it was in 2025

    Meanwhile, property values are up about 25-30% in that same time period.

    You can even see the rate drop significantly in 2022 when housing prices spiked during COVID, despite the City of Victoria budget not going down.

    You're simply wrong that house value appreciation leads to higher property taxes, it's increases in the municipal budget that leads to increases in property taxes.

  • I mean, Facebook already requires ID in many cases. https://www.facebook.com/help/159096464162185/

    You're required to prove your age in a bunch of real life scenarios too, like buying alcohol, tobacco, or a firearm.

    It is a privacy issue, but the question is on the balance is the privacy concern worse than the harms being done by youth on social media?

    Given that there are literally hundreds of university studies showing how bad this shit is for kids, and leaked internal documents from the social media companies themselves, I think it's the better choice at the moment.

  • One of the easiest ways is to determine which industries are most prone to the failures of the market.

    Things that are inherently monopolies like roads, or power lines or things that don't allow reasonable consumer information/choice like healthcare, etc.