Trudeau says feds aren't primarily responsible for housing, but how responsible are they?
Goodtoknow @ Goodtoknow @lemmy.ca Posts 11Comments 240Joined 2 yr. ago

Goodtoknow @ Goodtoknow @lemmy.ca
Posts
11
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240
Joined
2 yr. ago
Because its a limitation of personal property rights and freedom. Why can't I as a property owner turn my single family home into a ground level cafe/bakery with 4 units above if I have the capital? It's a government overstep that limits our supply, artificially increasing demand and cost, and gets in the way of entrepreneurship. Having relative freedom over property usage was only something recently taken away in the last 80 or so years due to racist white flight to the suburbs.
While populations hasn't tripled in the last 5 or so years, we are experiencing growth pains that investors and speculators are taking advantage of limited supply, and relying on the fact we will have limited supply for some time to come as long as the zoning stays as the status quo.