We need to call it what it is : Hoarding & Extortion. By artificially limiting housing, the house owners get to charge whatever they want. Housing is the bigge

We need to call it what it is : Hoarding & Extortion. By artificially limiting housing, the house owners get to charge whatever they want. Housing is the biggest 1 time expense of any person's life & the biggest contributor to their wealth. By making housing expensive, homeowning Canadian residents (Silent Gen, Boomers & elder GenX) have been able to facilitate a massive transfer of wealth from non-house owners (Millenials, Poor people & Recent immigrants) I'll preemptively counter those who think that "Its an investment, so I deserve to make money on it." Well, you don't get to choke the market by limiting supply, if you also want to make money on the resulting supply. That is a Cartel, a Mafia, a Gang. And that's exactly what housing is like on the west coast. A gang of old people are here for their payday, and they'll have it even if it means putting a gun to your head. This is very much a generational problem. Of the majority (homeowners are more than 50% of the population) is aggressively suppressing the minority (significant minority, but still) with very clear demographic lines.