I’m just a man with a guillotine
It’s definitely true that we’re lagging behind other G7 nations and I don’t think our leadership is blameless just definitely not the only blame.
I’m skeptical we’d be in a better spot under different leadership but with climate change, war and late stage capitalism in full swing I won’t hold my breath.
Sorry for the depressing comment!
It really doesn’t seem like an available labor shortage.
From my observations in Newfoundland it’s a combination of the most profitable product being huge single family homes and outdated (and car-centric) zoning policy that makes it difficult to construct anything else even if it was profitable.
Our issue is there’s no incentive to construct affordable housing and because of years of lobbying by the automotive industry they have to be extremely low density to accommodate the large front lawns, driveways and streetside parking required for car centric living. All of this adds additional cost.
I think step one would be to fix our zoning policy and step two would be to incentivize construction of low margin high density housing. This isn’t to say that single family homes should go away just the they shouldn’t be the only option.
I agree with the sentiment that wages need to be rise to provide a better quality of life.
I do have some questions however, if we did not have a larger working class than retired how could we sustainably fund their retirement?
It’s a well-known fact that our population demographics are only getting older. He only way I could see this being sustainable is if you restructured our economic system.
Your premise is flawed the only reason it falls under the principles of inelastic demand is because of the way our country is structured for cars, if you use the tax to make systemic changes, making public transit and walking/biking possible this is no longer true.
I’m not saying it’s an easy transition but it is a necessary one and Norway and Denmark proves it’s possible
We need new zoning policies.
The only civilian housing allowed to be built in most areas is single family, low density housing which manufactures scarcity.
There’s also the requirement for driveways and huge front lawns that ensure car dependency further raising the effective cost of living.
We don’t need skyscrapers but we do need something more dense than the traditional single family homes as the cost to maintain our cities and to live as individuals balloon to unforeseen levels.
We’ve taken a lot from Americans and lessons about how to run a city should never be one of them.
Why stop there? Why don’t we just get rid of everyone Canadian residents included if you’re so eager to find a non-solution.
Withiout a skilled younger generation to support our aging population our economy will collapse, we need more people and we need better planned housing.
Careful, you almost went mask off there
None of this was a personal attack and to take it as such might mean you need to reevaluate your feelings on the matter.
Pointing back to my original argument I stated that it was often a inflation resistant investment I’m not speaking of single family homes renting out their bottom half or whatever the case may be.
I’m speaking of those you buy up commercial property with no intent to ever do anything with it because the value of the land will vastly outpace the value of inflation.
I’m also speaking about landlords that own hundreds of properties. While someone in your position is becoming increasingly common it is not the majority in housing scarce areas. There are still a few individuals that own large swaths of land.
There are a lot of policy decisions that got us here. But more mixed zoning, more housing, less landlords has been proven time and time again to fix it and while I’m not sold entirely on the Singapore idea I will say that everyone in my generation is fucking sick and tired of people making excuses about what can’t work while people are on the street dying
At this point I think I’m with Singapore on land and housing being a publicly controlled good
As it stands now our housing market is just an inflation resistant bank for the wealthy
They just named the price they’re willing to rent it at its entirely secondary to their goals and so it doesn’t serve the housing market
Oh no, it’s not a monopoly. It’s an oligopoly. It’s like exactly the same except it’s completely legal.