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Originally Posted by Mr.HappySilp
You start putting limit and rules then this is no longer a free country. What's next limiting the number of cars a person can own coz of pollution? Limiting the how many times a person can eat out coz the line up for restaurants are too long? Limiting the number of homes a person can purchase have a large impact of our economy. What if you have an investment company and you invest into real estate do we limit the number of homes a company can buy as well?
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Remember that mindset when you have kids who are living in your basement until their 35 because they can't afford a place unless they say peace out parents I'm moving to butt fuck nowhere but I'll still call to say hi on your birthday and on Christmas.
Plain and simple - people need a place to live. Not everyone has the ability to pick up and leave. There's assholes who buy houses and use them as an airbnb house or be a dickbag landlord who has 0 sympathy for anyone so long as you get your monthly rent money. But whatever, you could care less that the couple who lives in the basement suite across the street who've decent jobs and should be able to live comfortable but can't.
The whole hole eating out and cars thing.... Really? Apples to oranges.
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Vancouver economy is built on construction for the last 10+ years, you put a stop to it a lot of people are going to lose their jobs. Not just constructions but other jobs related to it will also see a lot of people losing their jobs. BC is a very very huge ass place the gov should really expand to other parts of BC.
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Keep the prices the way they are and rising and soon you'll have no laborers to build houses or towers. They need to live and eat just like you and I. Why break their back doing hard physical labor for a wage that barely gets them by and will get them nowhere in life but scraping along the bottom of the barrel? Fuck that. I'd then take the plunge and leave. You want your 600sqft 900k condo built...build it yourself.
Ps - your aunt sold ALL of her apartments.... She's part of the problem with what's happening here. How many properties does she plan on purchasing here or already own? Canadian citizen or not, if you're not part of the solution you're part of the problem.