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Tapioca · 02-16-2016, 09:58 AM

I've also seen some random posts about politicians in this region and country being poor.

Even if there was political will to do something that would shock the market, there are lots of people who would stand to lose such as current homeowners and retiring boomers who need to tap into their equity to fund their retirements and fund down payments for their kids/relatives. Of course, this is a house of cards, but if you're a politician and are answerable to voters, what would you do?

Even if you were an aspiring politician and wanted to do something about the madness and create your own political party or run as a generational reform candidate for one of the established political parties, how would you get support? Support on social media is one thing, but political campaigns are won with money and that money comes from developers and the real estate industry in this part of the country. Despite what people may think about someone like Justin Trudeau, very few people with his charisma desire to enter politics (because with good looks and charisma, you could probably make much more money anonymously in business) and eventually succeed. So, unless you have the charisma of someone like Trudeau, you have very little chance to initiate systemic change that would cool the real estate market.

And people want to pay politicians less... because they would serve the public interest. Tell me - why would you work at a job with zero job security and zero benefits, with zero respect, when, if you had any smarts, could make far more anonymously in other industries? Politicians are already influenced by money at the salaries they receive - if we cut their salaries, what makes you think they would be more altruistic? Would you be a politician for a wage of 20/hour?

02-16-2016, 09:58 AM	#4907
Tapioca OMGWTFBBQ is a common word I say everyday Join Date: Apr 2001 Posts: 5,198 Thanked 2,787 Times in 1,244 Posts Failed 81 Times in 54 Posts	I've also seen some random posts about politicians in this region and country being poor. Even if there was political will to do something that would shock the market, there are lots of people who would stand to lose such as current homeowners and retiring boomers who need to tap into their equity to fund their retirements and fund down payments for their kids/relatives. Of course, this is a house of cards, but if you're a politician and are answerable to voters, what would you do? Even if you were an aspiring politician and wanted to do something about the madness and create your own political party or run as a generational reform candidate for one of the established political parties, how would you get support? Support on social media is one thing, but political campaigns are won with money and that money comes from developers and the real estate industry in this part of the country. Despite what people may think about someone like Justin Trudeau, very few people with his charisma desire to enter politics (because with good looks and charisma, you could probably make much more money anonymously in business) and eventually succeed. So, unless you have the charisma of someone like Trudeau, you have very little chance to initiate systemic change that would cool the real estate market. And people want to pay politicians less... because they would serve the public interest. Tell me - why would you work at a job with zero job security and zero benefits, with zero respect, when, if you had any smarts, could make far more anonymously in other industries? Politicians are already influenced by money at the salaries they receive - if we cut their salaries, what makes you think they would be more altruistic? Would you be a politician for a wage of 20/hour? Last edited by Tapioca; 02-16-2016 at 10:05 AM.