4 ms·
> We don't, as a matter of intentional policy, build enough housing. Or maybe we do, but just couldn't keep up with the enormous influx of immigrants for a few
by stronglikedan 3mo ago
> We don't, as a matter of intentional policy, build enough housing.
Or maybe we do, but just couldn't keep up with the enormous influx of immigrants for a few years a that ended a couple of years ago. The housing costs have risen due to unforeseen demand, not supply.
- solumunus 3mo agoThis was a problem long before that, the trajectory has been clear. Is immigration a factor? Sure. The suggestion that it’s the key issue is complete nonsense. This is happening all over the world, even places with low immigration. There’s really no economists claiming that immigration is the main driver. This is reactionary right wing rhetoric and not much more.
- 8note 3mo agoas an anecdatum, canadian, especially toronto proces are crashing after an easing of immigration nothing else has particularly changed
- solumunus 3mo agoCould it be that middle/high incomes are getting squeezed badly year after year, following sharp housing inflation 2020-2022? Everyone is poorer and interest rates are higher my guy.