Quote:
Originally Posted by JohnnyB
I don't follow a lot of provincial politics, but what has the current BC government done to bear responsibility for the crisis in cost of living and housing issues? The underlying conditions here in BC were already bad, but the current emergency seems largely the product of economic issues that are well-beyond the scope of the province. Is it just the sense that they haven't done enough in response, or are they paying for the underlying issues that have been endemic before the global economic issues became severe?
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the problem for Vancouver, like London, Melbourne and a shed load other cities is stupidly low interest rates for so long, if interest rates are at a normal 6 or 8% my house aint worth 2 mill, Vancouver is always going to be expensive but free money is the real issue