Quote:
Originally Posted by Migrant_Coconut
AFAIK, this was the catalyst:
(jhausner post above)
Which is basically stroking the paint brush in the other direction: assuming that every millionaire is virtuous, coming to Canada to settle down, and will invest all their money here.
If that were the case, the current clustershag in the housing and public service departments would not be happening on this kind of scale.
Ideally, we'd want to attract investors and businesses and ALSO repel upper-class freeloaders; since housing prices are driving businesses and workers away, implementing policies that drive said prices down allows the province to do both. If that's a distortion of the free market, so be it - it seems to be failing us anyway. |
"Somethin's gotta give, somethin's gotta give, somethin's gotta giiiiive "
Corny as that is, I naturally have a feeling for people who cannot afford to live here. It's very disappointing and life-and carerr-disrupting.
I also fear Vancouver "losing out" on many companies setting up there, and the absence of a more reasonable market price "demoting" the city in economic status and importance.
This is ****ing up the city, its future, and its children's future big-time.
And there isn't enough time to mull over it, conider it, or debate it. Good thing they're starting actiow, but it seems to need to
be stricter, maybe along what I understand are Australian-type restrictions, if those are more effective.