45
Waiving the GST was just a start. These 3 ideas could help get more housing built in Canada (www.cbc.ca)
submitted 2 years ago by to c/canada@lemmy.ca
31 comments fedilink hide all child comments
 

From faster approvals to hiring more workers, governments need to step up: experts

Peter Armstrong · CBC News

you are viewing a single comment's thread
view the rest of the comments
[–] 4 points 2 years ago (1 child)

Yes you do. Population growth went up. Housing starts went down. That's what created the shortage that speculators are capitalizing on.

Do people hoard food when there isn't a food shortage? And if they do, is it even a problem?

The shortage is what gives the profiteers and gougers their power.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] -1 points 2 years ago* (last edited 2 years ago)

    The goal of building enough homes to have an OVER supply (a la Japan) is virtually impossible in the next two decades. So why not deal with the fact that speculators now outnumber first time home buyers and make them pay a huge flat tax beyond a primary residence?

    The idea that we'll simply build out way out of a crisis 10+ years in the making while importing millions more people at the same time is laughable. It's also going deepen the wealth divide even more.

  • permalink
  • fedilink
  • source
  • parent