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this post was submitted on 11 Dec 2023
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I really wish those politicians would address the issue of unoccupied housing as well. I feel like saying that the solution is to build more housing is to play in the pockets of investors while pushing for less unoccupied residencies is going against it and why I believe it is not talked as much on the political front.
https://censusmapper.ca/maps/3055#12/49.2628/-123.1324
I wrote this for a US bill that they're trying to pass, but it might apply in Canada?
Corporation Plan
Common Person Plan
Don't forget the mortgage rates are sky high so even people with 20% can't really afford to buy. Corporations buy for cash.
That's a really good point, what step would that be? Probably Step 3 for corporations. Do you mind if I add it to the list?
My one hope is that the meltdown is tied to commercial real estate, which will hopefully avoid this whole thing.
Narrator: It won't be.
That's a provincial issue, not a federal one