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The media is blaming immigrants for the housing crisis. They're wrong (breachmedia.ca)

submitted 1 year ago by mooniyaw@lemmy.ca to c/canadapolitics@lemmy.ca

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Some folks on here have been repeating this garbage as well

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[–] villasv@lemmy.ca 9 points 1 year ago* (last edited 1 year ago)

It's literally the most traditional Vancouver business. When the city was incorporated and built around the region today known as Gastown, as early as 1870 everyone was encouraged to go in debt to buy two pieces of land, then next year sell the second to finish paying for the first one. BC's economy has been sustained by sky high returns on real state for more than 100 years at this point.