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Old Posted Feb 20, 2019, 3:06 AM
whatnext whatnext is online now
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Join Date: Feb 2009
Location: Vancouver
Posts: 28,150
Quote:
Originally Posted by misher View Post
You don't see how this is going to cause a massive housing crisis in the future along with raising unemployment? We're literally stopping construction of 30% of our rental and strata units by 2021.

The NDP is also predicting rising taxes on real estate which only comes when home prices go up.

The amount of people immigrating into BC is increasing while the amount of housing were building is decreasing, you don't see the problem with this?

I know you generally disagree with everything I say on principle but surely you must be against prices rising and home supply decreasing.....where are people going to live.
Do you understand how the housing market works?

If developers saw the demand you claim there is, they will build it, regardless of what the government forecasts.
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