Claims that immigration is fuelling soaring house prices and weak productivity growth require closer examination
  • jsdz@lemmy.ml
    5·
    1 year ago

    It’s that we have too many people, not enough affordable housing, and too many investors, builders, and municipalities who’ve become addicted to ever-rising real estate prices and the thoroughly unsustainable system of housing development that has built itself up around them and seems designed in typical capitalist fashion to extract forever increasing amounts of money from people who just want a place to live.

  • IdleCeremony@lemmy.ca
    3·
    1 year ago

    I just think we’ve spent too many years praying at the idiot altar of trickle down economics. Tax the living hell out of the fucking billionaires already and redistribute the giant piles of gold those asshole dragons are sitting on with public housing and public funded works projects.

  • HubertManne@kbin.social
    2·
    1 year ago

    Im not sure if canada has to many people but the world sure does. That being said, peaple should have shelter.

  • Throwaway@lemm.ee
    59·
    1 year ago

    Why not both? We know Canada can’t build houses, so why not fix that AND lower immigration?

    • corsicanguppy@lemmy.ca
      111·
      1 year ago

      Lowering foreign workers (I’m in favour of it being temporary like the Nordic countries do) reduces their tax contribution from what usually is highly skilled jobs that are otherwise not being filled today (because our higher education infrastructure is user-pay and broken and we can’t grow our own; think Filipino nurses) and what we know about compounding is that small reductions now mean massive issues in 30 years.

      And we can’t build houses because the current solution where we sprawl bungalows into farmland was a bad idea 2 decades ago but we still haven’t gotten it into our heads that we need to stop AND REVERSE that trend to get farmland and green-space back.

      So, on both points, we’re doing it wrong and short-sighted and stupid; in one case we’re not doing enough and in the other we’ve already gone too far.