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Didn't PP spend a bunch of time squirming last year about his own wife's housing investments? She's part of the fucking problem and he's married to her?
Yah he's totally going to bring out policy to make his own investments worth less. Sure. Makes total sense. What a hero, sacrificing his own future for all the poors lol.
I won't say what's happening in Vancouver is ideal, some blocks should have been in place like 30 years ago to prevent or at least mitigate what has happened in RE here, but it's too fuckin late... only 30% of the population rents, so why fuck 70% of the population to help out 30%? As for buying a place, if you can't keep up and compete with all the people who are already here because it's so great, then there's other places to go. Houses are $400-500k in Calgary, they're $200k in downtown Regina.
Does it suck there more than here? Yup. Welcome to capitalism. When you want the same thing as everyone else, the price goes up and you gotta pay to play.
I'd like to live in West London, but if I moved to the UK I'd have to face the truth and be in a suburb or choose a different city centre. San Francisco? New York?
Los Angeles? Sounds lovely! HUGE money required to own in those cities. Same goes for most other countries in the world. Why would anyone expect Canada to be vastly different?
I don't blame immigrants... heck I don't even blame China... if I was rich and Chinese I'd do exactly the same thing as them. The government is to blame for prices rising so rapidly, they fucked the pooch more than 30 years ago on foreign ownership and here we are -- you have to grind hard and be smart to compete from a lower level economically.
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