It's not just the interest rates going higher. They shouldn't have ever been so low! It's the printing of money, taxes, and fees from municipal to provincial to federal. This needs a rework and revamp on all sides! This is a direct cause and effect of the last 10 years, especially the last 5 years. Am I missing something?
No it’s drugs that’s the problem and enabling people who use them and allowing tent cities . It’s not from real estate prices. I can show you affordable homes to rent and buy not everyone has to live downtown Vancouver / Toronto. Stop being so greedy. Earn your way . People today are turning Canada into a socialist country. Backed by China .
Central banking destroys the worling class and turns it into the working poor. Inevitably, a portion of the working poor end up homeless and many fall even further.
Either home owners are losing some equity (land value in particular), or we are all dealing with inflation (wage-price spiral), or some combination of both (stagflation), there are no other ways around to fix affordability.
They need to focus on basically building new cities. Obviously in places like Vancouver that wont work but Alberta and Saskatchewan should turn small towns into cities and small cities into large cities. That is cheaper than trying to fix the big cities. Just build those places into places people want to live which would require master planning. Have the government fund all the support infrastructure and have fiber internet running to each home. Nova Scotia could also do something like this. They need to buy up large portions of land and then bring the developers in to build everything out and basically set price controls for a few years and keep building. If they build out one city start looking at the next place to get built out. It requires long term vision.
@@pin65371 Unfortunately, most of our politicians are only talking about affordability problem, in reality, they are more concerned about real estate prices going down. It is a card tower capable of burying entire economy not just someone’s political career. Nobody wants to deal with all the mess.
It's not just the interest rates going higher. They shouldn't have ever been so low! It's the printing of money, taxes, and fees from municipal to provincial to federal. This needs a rework and revamp on all sides! This is a direct cause and effect of the last 10 years, especially the last 5 years. Am I missing something?
What did people expect? What did people expect? Seriously, what did people EXPECT when houses kept going up 10%+ a year?
You mean rampant out of control INFLATION???
No it’s drugs that’s the problem and enabling people who use them and allowing tent cities . It’s not from real estate prices. I can show you affordable homes to rent and buy not everyone has to live downtown Vancouver / Toronto. Stop being so greedy. Earn your way . People today are turning Canada into a socialist country. Backed by China .
Central banking destroys the worling class and turns it into the working poor.
Inevitably, a portion of the working poor end up homeless and many fall even further.
Either home owners are losing some equity (land value in particular), or we are all dealing with inflation (wage-price spiral), or some combination of both (stagflation), there are no other ways around to fix affordability.
They need to focus on basically building new cities. Obviously in places like Vancouver that wont work but Alberta and Saskatchewan should turn small towns into cities and small cities into large cities. That is cheaper than trying to fix the big cities. Just build those places into places people want to live which would require master planning. Have the government fund all the support infrastructure and have fiber internet running to each home. Nova Scotia could also do something like this. They need to buy up large portions of land and then bring the developers in to build everything out and basically set price controls for a few years and keep building. If they build out one city start looking at the next place to get built out. It requires long term vision.
@@pin65371 Unfortunately, most of our politicians are only talking about affordability problem, in reality, they are more concerned about real estate prices going down. It is a card tower capable of burying entire economy not just someone’s political career. Nobody wants to deal with all the mess.
Its almost like throwing money at a problem wont make it go away.
Has anyone interviewed a statistically significant sample of the homeless to ask them why they are homeless?
Same thing in the us where is all the money going oh i know in there pockets
They don't fix it, why would you fix the problem that pays you 250k a year?
Who says they put it all on the Homeless situation...
It's all drug related