EV fires are insane. Please find other less dangerous ways to protest, something not involving fire at least.
The fire department are the ones who have to deal with it, and its not pretty.
If you read the report it talks about a lack of affordable housing, and thus people living 20 to a house, alongside outlining the other reasons that make it inhumane. Am I wrong to infer mass immigration into a housing shortage holds no relevance to this issue?
Here's the Bank of Canada on immigration relative to housing:
But there have been hiccups. Canada has long had housing supply challenges. The recent increase in newcomers has coincided with those material supply issues, raising questions about how chronic housing challenges might limit Canada’s future growth and what the implications are for inflation.
Ford won't do like Eby because his voters will revolt. Opening greenbelt is the only way to get houses built sadly, though I agree that is the logical thing to do.
The NDP were the only one to actually cost their platform.
The Liberals have $28-billion over four years in undefined spending cuts. Maybe its health transfers like Chretien did, we wont know until after the election I guess.
Imagine if we'd spent that trillion in new debt on mass transit. 125 mass transit lines I'd estimate at 8b a piece, and it would have actually helped the poor.
Ah yes, true prices would rise as Canadians compete with investors. We should disallow mortgages for those with second homes and ban foreign investment in perpetuity.
"At the upper end, government charges can represent
more than 20% of the cost of building a home in major Canadian cities."
Why do we spend more on servicing the debt we accrued during this period than we spend on health transfers?
I'm not really a conservative, I just don't believe the progressives are actually progressive, I look at their track record. Mass immigration, debt accrual, and stagnant wage gains. Carney already also removed the capital gains tax, the first thing they've done for the poor in my eyes that wasn't entirely dwarfed by the rising cost of living.
Conservative weren't in power for the last 10 years. Can you explain how the ballooning cost of living is their fault, how did housing prices and rents double in your eyes?
The Vancouver special was made illegal in the late 80s for seemingly no reason. Every municipal has tons of bureaucracy on what can be built, likely in order to stifle new development and to raise home values.
This will succeed only in so much as the Liberals through Brookfield will take a chunk of profits. Which is fine, if it took a bit of corruption to wipe out municipal bureaucracy then its still a win for the poor.
I was also in favor of Doug ford getting kickbacks for opening up greenbelt, I don't see how we do 4% annual population growth without actions like that.
Unless you mean we need something resembling slave labor with poor salaries, worker rights, and housing to increase corporate profits?
There was a labor shortage, as per the Phillips curve, but the Bank of Canada raised rates to cool the economy and to lower the money supply. The shortage is long gone.
Yes it will, assuming they get rented out then of course it will.
The problem is zoning and developer fees. Our government at the municipal level is regressive with zoning and development taxes. While the Federal government uses mass immigration to artificially boost GDP to hide a technical recession, which adds a huge amount of new demand.
I think what they think is that citizens have bad judgement, so it ends in Maoist policies that sound good but ignore negative externalities. The tragedy of the commons is inevitable is their view.
Its because the US excluded housing appreciation from the CPI, leading to lots of cheap debt all over the world that gradually bid up home values via the cantillon effect. Its now called owners equivalent rent, and its ridiculous.
Exporting all our production to China also helped dropped rates via deflation, though housing being excluded allowed it to simply flow into housing instead of achieving prosperity.
I agree that much of the problem is low interest rates, due to China now manufacturing our goods; coupled with the US removing shelter from their CPI in the late 80s, which made borrowing cheaper globally.
To prevent deflation they let people take on huge amounts of mortgage debt, which increased the money supply and raises aggregate demand to hit a 2% inflation target. Which we see as high house prices.
Though I have to laugh when you say housing is unregulated, we have some of the highest developer fees, slowest approvals, most sprawled zoning regulation. If we want population growth without wiping out greenbelt you need to fix those first. You can usually only build a single family home, and land values/taxes make up the large bulk of the price.
What do you figure prices did rise by, can it not basically be rounded up its so close?