Lies, Lies, and More Lies from the Chinese Circus Carney and the CBC.

[CdnFox]

3 minutes ago, TreeBeard said:

Carney’s plan is way, way better than tax breaks for people who can already afford houses.  Poilievre’s plan would give rich people and landlords massive tax breaks the more houses they buy.  
 

The NDP seems to being in the right direction.  So if housing is your issue, the only choice is the NDP.  
 

 

Carney's plan will achieve absolutely nothing, but it will allow him to give $25 billion dollars to his own company for their division that builds modular homes. That's it.

The liberal hack you're quoting is always 100% of the time incorrect in his projections or his thoughts. I could see why you like him

[blackbird]

7 minutes ago, TreeBeard said:

Carney’s plan is way, way better than tax breaks for people who can already afford houses.  Poilievre’s plan would give rich people and landlords massive tax breaks the more houses they buy.  
 

The NDP seems to being in the right direction.  So if housing is your issue, the only choice is the NDP.  
 

 

Nope.  It was the whole Liberal/NDP ideology of control of the economy and blocking natural resource development, and mass immigration of around a million immigrants in a few years without having enough housing that drove the prices through the roof.  You would have to be blind to not see that.

[ExFlyer]

34 minutes ago, CdnFox said:

...posting silly memes  

...

Nothing silly, they are all about you and your current state of mind. You melting down and obsession with me is truly a psychiatric condition. 

Get help before it gets worse

[CdnFox]

22 minutes ago, ExFlyer said:

Nothing silly, they are all about you and your current state of mind. You melting down and obsession with me is truly a psychiatric condition. 

Get help before it gets worse

LOL well thanks for proving my point, but honestly it really wasn't necessary .   Everyone knew already   

[Moonlight Graham]

1 hour ago, CdnFox said:

Carney's plan will achieve absolutely nothing, but it will allow him to give $25 billion dollars to his own company for their division that builds modular homes. That's it.

The liberal hack you're quoting is always 100% of the time incorrect in his projections or his thoughts. I could see why you like him

Problem is none of their plans address housing speculation which has helped spike prices as well.  But the boomers wouldn't want that...

[CdnFox]

6 minutes ago, Moonlight Graham said:

Problem is none of their plans address housing speculation which has helped spike prices as well.  But the boomers wouldn't want that...

well in fact Both in theory would address housing speculation nicely. The liberal plan would too if it actually worked but there's no possible way for it to work. But if it did it would address it. The conservative plan definitely does.

The reason that speculation exists is because housing prices are going up, not the other way around. And the reason that housing prices are going up is because there is a shortage of supply.

A number of efforts have been made to determine whether or not there are many unoccupied homes. There are not, almost all the houses out there be the rental or owned are occupied. And my own experience echoes that. Which means that the speculation has not altered the fact that all of the homes are in use and we still don't have enough.

If we significantly increase the number of homes relative to the population, then that puts severe downward pressure on the pricing of homes. It also puts downward pressure on rents. 

Think of it, if I have four people and three apples and everyone's hungry, the price of an apple will be the maximum amount that the top three can afford. The fourth will not be able to match their pricing and will be left out and that's how pricing will be set. If I have five apples and four people then the price is going to radically change. And that's how the law of supply and demand tends to work.

So at the end of the day before anything else can be considered we have to increase the number of homes available to our population by a sizeable amount. Only the conservatives have put forward a plan that includes limiting population growth based on the number of homes being built to make sure that the situation doesn't grow any worse and in fact help it get a little bit better until their long-term plans have an effect. The liberals intend to keep up significant immigration and their plan is doomed to fail as a result

[Moonlight Graham]

5 hours ago, CdnFox said:

well in fact Both in theory would address housing speculation nicely. The liberal plan would too if it actually worked but there's no possible way for it to work. But if it did it would address it. The conservative plan definitely does.

The reason that speculation exists is because housing prices are going up, not the other way around. And the reason that housing prices are going up is because there is a shortage of supply.

A number of efforts have been made to determine whether or not there are many unoccupied homes. There are not, almost all the houses out there be the rental or owned are occupied. And my own experience echoes that. Which means that the speculation has not altered the fact that all of the homes are in use and we still don't have enough.

If we significantly increase the number of homes relative to the population, then that puts severe downward pressure on the pricing of homes. It also puts downward pressure on rents. 

Think of it, if I have four people and three apples and everyone's hungry, the price of an apple will be the maximum amount that the top three can afford. The fourth will not be able to match their pricing and will be left out and that's how pricing will be set. If I have five apples and four people then the price is going to radically change. And that's how the law of supply and demand tends to work.

So at the end of the day before anything else can be considered we have to increase the number of homes available to our population by a sizeable amount. Only the conservatives have put forward a plan that includes limiting population growth based on the number of homes being built to make sure that the situation doesn't grow any worse and in fact help it get a little bit better until their long-term plans have an effect. The liberals intend to keep up significant immigration and their plan is doomed to fail as a result

Housing builds (supply) have been pretty steady.  The house price problem occurred because of a large spike in demand caused by immigration including foreign students, and housing speculators have jumped on the bandwagon which has spiked demand even more.

Increasing supply will help but they need to also address the demand issues.  Homes should be for the people living in them, not speculators trying to make a buck who don't live in them.

Edited 23 hours ago by Moonlight Graham

[CdnFox]

1 hour ago, Moonlight Graham said:

Housing builds (supply) have been pretty steady.  The house price problem occurred because of a large spike in demand caused by immigration including foreign students, and housing speculators have jumped on the bandwagon which has spiked demand even more.

 

Honestly buddy this is my world. Speculation had absolutely nothing to do with it. You got it right the first time more or less. It's not actually immigration as much as it is the fact that our population is growing faster than our housing and yes that is due to immigration at the moment.

We have not been building enough homes for our population growth since 2016. A bank in 2021 wrote a paper on this demonstrating our problems. Since that time we've been building about 100,000 homes a year LESS than we needed to in order to match immigration.  At this point we're about a million homes short of where we'd want to be by the more recent estimates. 

Speculation FOLLOWS supply issues not the other way around.  Lack of supply causes speculation, speculation does not cause lack of supply.  Not when the homes are not sitting empty. 

Once we deal with the supply problem there will be no speculation issue.  Prices will not rise much more than inflation. 

You're right that construction has been steady but it's been steadily behind population growth. 

The only way out of this is that for a substantial period of time construction EXCEEDS population growth, and that has a number of issues. But that is the way out. Nothing else matters until that is brought under control, nothing else you do will matter till you get a handle on that. 

[eyeball]

8 hours ago, CdnFox said:

The only way out of this is that for a substantial period of time construction EXCEEDS population growth, and that has a number of issues. But that is the way out. Nothing else matters until that is brought under control, nothing else you do will matter till you get a handle on that. 

Good luck.

https://www.worldometers.info/world-population/

 

[CdnFox]

1 hour ago, eyeball said:

Good luck.

https://www.worldometers.info/world-population/

 

It might shock you to learn this, but Canada has something called borders  I know that's something that people on the left don't like to acknowledge about their countries but if you do some research you will find that they are a thing.

And if you enforce those borders and restrict who can come over and in what numbers you can in fact control immigration. And because currently immigration is the only reason we have population growth at all, by controlling immigration you control population growth.

Which brings us back to the conservative idea of tying population growth directly to new housing billsmedical services and hospital increases etc.

Now that does bring a few problems with it, but they're not that hard to solve. And for a. Of time if we play our cards right it will be possible for construction to exceed population growth and as that happens we reverse the trend.

You're obviously not going to build a million extra houses overnight and if you try and bring immigration to zero you're not going to build any houses at all because the developers aren't stupid and if there's nobody coming to buy then there's no point in them building. But with the right incentives and at a gradual pace we can ease the problem and make it better and better for people.

The other thing we can do that's practical and it will have an almost immediate effect is to really lean into promoting remote working. Both in government services and in the private sector we can incentivize investment in technology that will significantly make it practical and productive for people to work at home. That allows a large percentage of the population that is currently stuck living close to the city centers because of work to be able to move out to the less densely populated and less expensive suburb or even rural areas where it's easier to afford a home and wear over densification isn't an issue.

I mean there's no big secret in solving these problems. It just takes work and time. But that's something the liberals are not prepared to do

[WestCanMan]

New Carney lie - Trump phone call. 

*yawn*