this post was submitted on 19 Mar 2024
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I don't recall any other party importing more than the population of Saskatchewan in 18 months, during a pre-existing housing crisis though. It has not been like this for 30 years, it's been like this for 3. Sure things were rough if you chose to live in Vancouver. Now it's rough all over and people with any option are choosing not to live in Canada at all.
Psst, it's not just Canada, it most Western countries except like Japan. Just look at how bad the states is getting too. And the housing would be going up with or without immigration.
Every western nation knows that the post-9/11 low-interest moneygasm is coming to an end, and that immigration is the only way to keep the party going.
They're all to chickenshit to ask the rich to pay their fair share, and brown people make easy scapegoats anyways, so why not?
The states is really only getting bad in the major centers, and even in some of them, Miami looks cheap to me and I live in fucking Saskatchewan. Devaluing the currency to send everyone money in the mail was not a sound plan, said it before, said it during, now we are literally in the "We fucking told you" stage. Now what does Japan not allow much of again?
I know youre being facetious, so I'll answer that for you, housing as an investment and over regulation on housing density.