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> but I think high immigration is something most folks in Canada see as good I think this was absolutely the case right up until every last city/town in Canada
by raydev 2y ago
> but I think high immigration is something most folks in Canada see as good
I think this was absolutely the case right up until every last city/town in Canada started experiencing skyrocketing housing costs in the last few years, and now many cities have absurdly low vacancy rates. Broad consensus (to me) seems to be that we need to at least pause or dramatically lower our targets while we catch up in building.
- morkalork 2y agoWhen there's headlines like "Investors own 77 per cent of new condos in Waterloo region" going around, there's something deeply wrong and people are going to be pissed about it.