Quote:
Originally Posted by StickMan
I think the housing problem is largely a combination of the fact that Trudeau is bringing in over 400,000 immigrants and we are only building 200,000 new homes.
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I think thats far too simplistic. You're not wrong in that this is 'a factor.'
But there are a veritable cornucopia of reasons for our housing issues.
Lack of skilled labour and ergo the cost of said labour, Carbon Taxes on top of supply chain issues on top of shipping costs on top of lack of inventory on top of high interest rates on top of external investment....I could go on and on.
In my opinion absolutely every single market force is absolutely screwing the hell out of the Housing Market.
And the only solution I see from the Federal Government would be: Build it yourselves, own it yourselves, rent it out cheap and create some supply.
Home developers would scream bloody murder...yeah, it'd be a nightmare. But its always darkest before the dawn.