I policy like this may ignore them, but housing prices can reduce on their own without any government intervention…
This is all i was saying, it is not a simple thing, as the original post said
In all seriousness, all levels of government are moving too slowly on housing affordability. They should be trying to reduce prices to prepandemic levels, or, even better 2010 levels.
Makes it sound like “hey it’s simple we just fuck 65% of people in canada” is not a winning political strategy.
Stagnation might be the only reasonable solution. I’m all for taxing home speculation by companies, and raising taxes on secondary/rentals. Hell, i’d be for a subsidies for buying houses even to the poorest people. I want to live in a pleasant place, part of that means everyone lives and works comfortably.
Artificially reducing building supply while people cannot afford to rent or purchase is pretty fucking shitty
I don’t know who’s doing this or how it relates to the original post
I’ve sold at a loss twice. It sucks. But that’s a risk of ownership.
Presumably prices were also cheaper when you bought in that market, so there’s some
Bonus point for undertaxed homes, and suburban regions that survive on pushing the ponzi scheme further out or leeching on city core taxes; for LVT is a whole other kettle of fish.
This is all i was saying, it is not a simple thing, as the original post said
Makes it sound like “hey it’s simple we just fuck 65% of people in canada” is not a winning political strategy.
Stagnation might be the only reasonable solution. I’m all for taxing home speculation by companies, and raising taxes on secondary/rentals. Hell, i’d be for a subsidies for buying houses even to the poorest people. I want to live in a pleasant place, part of that means everyone lives and works comfortably.
I don’t know who’s doing this or how it relates to the original post
Presumably prices were also cheaper when you bought in that market, so there’s some
I don’t know anything about this