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property owners who over leveraged themselves forced to sell properties should help drop the price, so its actually a positive in terms of the solution, its jus
by LegitShady 3y ago
property owners who over leveraged themselves forced to sell properties should help drop the price, so its actually a positive in terms of the solution, its just radioactive on the political end.
Canada is the same way except massive immigration, temporary foreign worker program, and foreign students allowed to work 40 hours a week (in case you were wondering if the student visas are legit) have driven up the price of housing beyond any reason. Probably multiple generations of canadians whose financial future was sacrificed so the current government can run their seemingly ideological immigration program.
- brailsafe 3y agoIf there was much more modest immigration, which there probably should be at least for some time, we'd eventually have severely inflated house prices anyway, because that's the system they built. Various types of immigration are just some of the parts of it, and it's much more complex than just "dial the knob down and we're golden".