Sorry but that is idiotic.
Late stage capitalism is much more hidden and affects part of the society you wouldn't consider.
An example of late stage capitalism is how we don't have time to make families anymore. It is much cheaper to bring in immigration than to allow men and women to fuck around and raise children instead of working.
Late stage capitalism will fuck with how you, as an individual, can start your own business. Look at how subburbs are made and regulated. You can't start a small business in here. You gotta go to the designated area which is owned by big box company. The only place is downtown which is now so fucking expensive, you can't even get in. He'll, you are not even allowed to build a small coffee shop for your neighbors for Christ's sake.
International economy is another factor. Look, we had a lot of industry workers in textile, electronics and other industries. Where are they now ? In China, India and other countries because we don't have to care about these people work place condition. Do you even know how much a t-shirt should cost normally? It's not supposed to be 4.99$.
This conservative vs liberal is a distraction. Liberals and Conservatives are actively pushing late stage capitalism. It's a joke. You think Pierre is gonna stop immigration? lol, that's what late stage capitalism wants. Immigrants that are easy to fuck with because they need a job to stay in this country. It's horrible.
Pierre or Justin aren't gonna do any of this social shit. They both want to get those juicy economics number up because that's a good argument to get re-elected.
I think zoning laws, parking requirement and crazy urbanism rules are a form of protectionism that drive home prices up.
It's crazy that the land you buy is so restricted that the only thing you can do is... nothing asides from trying to win the lawn contest with your neighbors.
In my opinion, those are the factors that led to this catastrophe. Houses are literally frozen. You cannot start a business, you cannot build another house on your land, nothing.
The government can build more affordable housing, sure, but ultimately, we need to let the city build itself without overly restrictive zoning and urbanism by-laws.