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Originally Posted by someone123
Maybe it is getting a bit off from planning but I noticed a similar cultural trend going back to the 2010s here, when foreign buyers were very obviously driving up prices but honest well-meaning discussion was shut down using accusations of racism, often by real estate profiteers. There was an unholy union around 2016-2025 between left-progressive thought ("woke" being a term for extreme or silly versions of that) and neoliberal policies co-opting it (real estate developers, TFW hiring corps like Timmy Ho's, politicians), plus broad demographic trends relating to the baby boom (house prices going up makes the median voter happier, unlike say the price of gas).
I also think Canada was profoundly unserious recently and too focused on dubious abstract moral conundrums like whether people from the 1700s were good or bad according to the court of TikTok. Ostensibly this was often to protect or atone for sins against minorities, but the housing and productivity crises obviously are much more impactful on those groups and overall that kind of politics was a failure.
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Well said.
I think the TFW/population increase conundrum can be a difficult topic to approach, even now, for the fear of the dreaded “R” judgment. Meanwhile there have been many ways, some objective some subjective, that quality of life has declined for the average citizen as a direct result of all of this.
I do tend to question the notion that people were generally voting for a particular party because of some will by the majority that they will promote rising property values, although I am sure it’s true for some. My perception is that voting for a particular party usually involves some degree of alignment with a set of values, along with “side effects” that may not be desired, but may not be dealbreakers. Meanwhile the other party who may be intending to let the market drop may have untenable characteristics that are dealbreakers. I think, though, that what has happened with housing is as much about incompetence than design. Truly any thinking person with some sort of moral compass cannot think it’s acceptable to have housing unattainable for younger generations.
Regardless, having lived in more sensible, happier times, without the angst of social media and an abundance of negative, angry popular culture, along with international and local politics, I truly hope that this is cyclical and that things will improve. Otherwise it feels like we are happily on our way to life imitating art in the form of a dystopian sci-fi movie.
Let’s at least hope that the principles of supply and demand help to sort out the housing crisis very soon. Maybe as TFWs return home some of our young people might actually have access to some entry level jobs again. 🤞