this post was submitted on 12 Jul 2023
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Housing has become an investment vehicle. This is as insane as making water or air an investment vehicle. All people need a place to live, investors should find something else to jerk off with.
We need a strategy to massively expand non-profit housing in Canada!
https://www.youtube.com/watch?v=sKudSeqHSJk
https://www.youtube.com/watch?v=41VJudBdYXY
https://www.youtube.com/watch?v=Pgxweff5AjQ
PS. Apparently, something like 3/4 of Canada's national wealth is "is wrapped up in real estate" (https://globalnews.ca/news/4775685/canada-national-wealth-real-estate/). What if it was invested in productive endeavours instead!?
Good bot.