Not really covid related but a good discussion on planning policy.
www.tvo.org
Housing discussions are very polarizing and it will get worse. Canada is talking about 400,000 new immigrants per year and they will have to live somewhere, at least 100,000 family units. Add in the XXX number Canadians that want to leave their existing parental nest. How high can you stack used shipping containers?
Eliminating foreign buyers by punitive taxes will slap the snot out of the price market for a while but the demand will soon catch up.
Is this not more of an oligarchy where the laws favour the rich getting richer and the poor getting poorer?
Personally I don't think any one in Canada deserves a house, not a soul. However I think everyone deserves the right to work for one.
Why is housing so expensive?
1) Expectations of granite counter-tops and multiple bathrooms etc
2) Expectations of vacations and toys concurrent with buying a house.
3) Foreign financial interference
4) Nanny state building codes and development costs that end up funding bridges to no where
5) NIMBYs
Re #4, building codes. Go back a generation and smoke detectors and sprinklers were unheard of. But think of the children. If you care about your children DON'T SMOKE in the house. DON'T STORE OILY RAGS. DON"T MESS WITH ELECTRICITY. Save the costs.
If you're stupid enough to kill off your family it makes the world better and easier for the next generation.
Learn to read advertising and how it screws your mind into buying what you don't need.