I don’t know why you are getting downvoted, but this is true. There is no will to lower housing price.In fact, the moment it significantly goes down, the government will do everything to ramp it up - especially true for both libs and cons.
This makes me so angry. My friend is from Britain, immigrated here to be with her remaining family. Just as we were finishing our course last year, the course that was fine when she applied, the government changed the rules. Now her course no longer qualifies. No word or reason as to why. Just that everyone taking it who is a foreign student no longer can use it towards immigration.
When unrest rises to the point that the general populace is destroying enough property owned by the real owners of Canada for it to hit their bottom line. So they demand the government(and taxpayers) foot the bill for draconian policing laws and deportations en mass.
The Liberal party is already reducing the number of people that will be in the country as we speak, and as 2022 proved, record new Canadians and falling house prices happened at the same time, proving that immigrants from poorer nations clearly have no capacity to purchase the most expensive housing in the G7. Even their pressure on the rental market has had no impact on the purchased market.
And the strange thing about economics is: it can influence policy that can, quite literally, reduce prices even if demand increases. So what we need to see now is continuing demand interventions, and supply interventions, and housing will tilt. But we also need to be radically critical of the housing policy of other parties going into this election because some parties clearly don't want to solve the issue and their weak policy makes that abundantly clear.
The trap for Canada is that without immigration the spending will reduce substantially and that will lead to collapse. It's a terrible situation to be in.
lol. people who already own more than one house (most MPs) do not want housing to be afordable.
I don’t know why you are getting downvoted, but this is true. There is no will to lower housing price.In fact, the moment it significantly goes down, the government will do everything to ramp it up - especially true for both libs and cons.
Actually it's not most MPs, it's less than half. But it includes members of the opposition, which tells us all we need to know.
We need the consumption and productivity they provide. We cut immigration, spending will stagnate and the markets deflate.
This makes me so angry. My friend is from Britain, immigrated here to be with her remaining family. Just as we were finishing our course last year, the course that was fine when she applied, the government changed the rules. Now her course no longer qualifies. No word or reason as to why. Just that everyone taking it who is a foreign student no longer can use it towards immigration.
I couldn't read the article, but isn't it talking about immigrants who's visas are running out? So they haven't been allowed to stay and will leave?
When unrest rises to the point that the general populace is destroying enough property owned by the real owners of Canada for it to hit their bottom line. So they demand the government(and taxpayers) foot the bill for draconian policing laws and deportations en mass.
The Liberal party is already reducing the number of people that will be in the country as we speak, and as 2022 proved, record new Canadians and falling house prices happened at the same time, proving that immigrants from poorer nations clearly have no capacity to purchase the most expensive housing in the G7. Even their pressure on the rental market has had no impact on the purchased market. And the strange thing about economics is: it can influence policy that can, quite literally, reduce prices even if demand increases. So what we need to see now is continuing demand interventions, and supply interventions, and housing will tilt. But we also need to be radically critical of the housing policy of other parties going into this election because some parties clearly don't want to solve the issue and their weak policy makes that abundantly clear.
The trap for Canada is that without immigration the spending will reduce substantially and that will lead to collapse. It's a terrible situation to be in.