Canada's 'housing bubble' deemed close to bursting

[ssiguy]

Originally Posted by whatnext

That's a rubbish take. If you're talking London England it is not anamolous to a North American city. Ask anybody who lives near a multifamily building where parking has been underbuilt, the cars merely go onto choking all the nearby neighbourhood streets. It is clear to anybody that commutes by car that private vehicle use is way up since Covid. If people can afford not to catch their death on the Loser Cruiser, they're avoiding it.

You are quite right that it is a rubbish take IF I was talking about London England but I was referring to London Ontario. I assumed everyone knew that as this is a CANADA housing bubble thread and London is the 11th largest metro in the country.

If supposedly car-loving London can do it then there is NO excuse as to why every other Canadian city can't or even do better by abolishing parking minimums city-wide and having very strict parking maximums.

[swimmer_spe]

Originally Posted by WarrenC12

Dairy is supply managed and benefits the producers, the price is artificially high! That's like the opposite of what we're talking about.

The point of milk is that it is price controlled. Who benefits and why can be discussed ad nausea. The fact is, it is controlled.

So, your argument that food should have price controls is moot.

[WarrenC12]

Originally Posted by swimmer_spe

The point of milk is that it is price controlled. Who benefits and why can be discussed ad nausea. The fact is, it is controlled.

So, your argument that food should have price controls is moot.

No, my argument isn't "moot", dairy supply management is a red herring in the context of overall food price inflation, and the fact that it's set by the free market, unlike rent controls.

[swimmer_spe]

Originally Posted by WarrenC12

No, my argument isn't "moot", dairy supply management is a red herring in the context of overall food price inflation, and the fact that it's set by the free market, unlike rent controls.

Housing supply is also a red herring. The supply has been kept artificially low and private building in subdivisions has been made difficult unnecessarily.No different than milk.

[Wigs]

Originally Posted by ssiguy

London is the 11th largest metro in the country.

If supposedly car-loving London can do it then there is NO excuse as to why every other Canadian city can't or even do better by abolishing parking minimums city-wide and having very strict parking maximums.

Good job, London
London forumers will have to keep us posted on any positive developments from this

[WarrenC12]

Originally Posted by swimmer_spe

Housing supply is also a red herring. The supply has been kept artificially low and private building in subdivisions has been made difficult unnecessarily.No different than milk.

Sure, let's continue that one.

Everybody who has been drinking milk for 10+ years must be sold milk at $1/litre. Anybody who starts drinking today pays $3/litre.

Is that fair?

[MolsonExport]

I love the idea of banning parking minimums. When will they start promoting bike minimums?

If a developer wants a condo tower with no parking...why the hell not? Most of the towers in New York lack parking.

[swimmer_spe]

Originally Posted by WarrenC12

Sure, let's continue that one.

Everybody who has been drinking milk for 10+ years must be sold milk at $1/litre. Anybody who starts drinking today pays $3/litre.

Is that fair?

Lets use housing to prove it.

Lets say that right now, 1 million homes and 1 million apartments came up for sale across Canada In addition to what currently is available. What would happen?

The same thing if The USA flooded the Canadian milk market with cheaper milk.

Prices would drop.

That is what I mean.

How do we flood the market with housing?

We put all planned subdivisions up for sale for land only, and you list each piece at a low price. You make it easy for building permits to be issued, and you make them cheap - $100 instead of the thousands.

What you would then find is that people will either build their own, buy kit homes(which do exist - Beaver Homes), or get a prefab one. All of a sudden housing becomes much cheaper.

Originally Posted by MolsonExport

I love the idea of banning parking minimums. When will they start promoting bike minimums?

If a developer wants a condo tower with no parking...why the hell not? Most of the towers in New York lack parking.

What is a bike minimum?

[WarrenC12]

Originally Posted by swimmer_spe

Lets use housing to prove it.

Lets say that right now, 1 million homes and 1 million apartments came up for sale across Canada In addition to what currently is available. What would happen?

The same thing if The USA flooded the Canadian milk market with cheaper milk.

Prices would drop.

Of course, but we're talking about rent controls.

[GenWhy?]

Originally Posted by swimmer_spe

What is a bike minimum?

Bike stall number minimum requirements for new developments for all uses both occupants and visitors. Pretty sure the all the major cities in the BC Lower Mainland do this, for example.

Vancouver has a minimum # of "oversized" bike stall requirement too ("SUV bikes").

[Wigs]

Originally Posted by WarrenC12

Sure, let's continue that one.

Everybody who has been drinking milk for 10+ years must be sold milk at $1/litre. Anybody who starts drinking today pays $3/litre.

Is that fair?

Milk is regulated in Canada so that Canadian dairy farmers can make a living wage.
Also we do not allow rbST aka rBGH or other hormones in our milk unlike USA. And we have higher standards for the amount of puss and gross 🞵🞵🞵🞵 that could end up in the production line.

Unless you want the American system where they produce so much milk they literally pour millions upon millions of gallons down the drain each year and dairy farmers end up on food stamps or losing their farms to AgroBusiness conglomerates. but hey, it's cheap, right!

[jonny24]

Originally Posted by Wigs

Milk is regulated in Canada so that Canadian dairy farmers can make a living wage.
Also we do not allow rbST aka rBGH or other hormones in our milk unlike USA. And we have higher standards for the amount of puss and gross 🞵🞵🞵🞵 that could end up in the production line.

Unless you want the American system where they produce so much milk they literally pour millions upon millions of gallons down the drain each year and dairy farmers end up on food stamps or losing their farms to AgroBusiness conglomerates. but hey, it's cheap, right!

Remember when everyone was losing their minds off of other countries holding back vaccines, PPE, other supplies for themselves, and we were left without because we couldn't supply our own, and everyone said well we should have some capacity to do it ourselves?

Well, supply-managed dairy is exactly that. We make sure we have enough, that it is of high quality, and that it pays producers enough that they continue to produce, while having a good life.

[Wigs]

Originally Posted by jonny24

Remember when everyone was losing their minds off of other countries holding back vaccines, PPE, other supplies for themselves, and we were left without because we couldn't supply our own, and everyone said well we should have some capacity to do it ourselves?

Well, supply-managed dairy is exactly that. We make sure we have enough, that it is of high quality, and that it pays producers enough that they continue to produce, while having a good life.

indeed

[theman23]

Originally Posted by Wigs

Milk is regulated in Canada so that Canadian dairy farmers can make a living wage.
Also we do not allow rbST aka rBGH or other hormones in our milk unlike USA. And we have higher standards for the amount of puss and gross 🞵🞵🞵🞵 that could end up in the production line.

Unless you want the American system where they produce so much milk they literally pour millions upon millions of gallons down the drain each year and dairy farmers end up on food stamps or losing their farms to AgroBusiness conglomerates. but hey, it's cheap, right!

Living wage? Aren't most dairy farmers multi-millionaires with annual incomes four times times the Canadian median?

[Wigs]

Originally Posted by theman23

Living wage? Aren't most dairy farmers multi-millionaires with annual incomes four times times the Canadian median?

you must have missed my comparison to American dairy farmers that are on food stamps or forced to sell to huge AgroBusiness because they can't make ends meet

I have no problem with farmers making good money if we get higher quality milk and dairy products than the dollar store grade 🞵🞵🞵🞵 full of blood and puss and hormones America consumes.

[MolsonExport]

^agreed. Quality > Price

[Wigs]

Originally Posted by MolsonExport

^agreed. Quality > Price

Life is too short to accept rubbish.
I say this as someone that lived in the US, as have my parents, brother (currently), cousin (currently). Our dairy and eggs are noticeably higher quality.
My folks would pay a premium and buy organic milk to avoid the growth hormones.

[theman23]

Originally Posted by Wigs

you must have missed my comparison to American dairy farmers that are on food stamps or forced to sell to huge AgroBusiness because they can't make ends meet

I have no problem with farmers making good money if we get higher quality milk and dairy products than the dollar store grade 🞵🞵🞵🞵 full of blood and puss and hormones America consumes.

Well clearly if things are 🞵🞵🞵🞵 in the USA, they must be perfect here.

Still not true that dairy farmers are merely earning a "livable wage".

[WarrenC12]

Originally Posted by theman23

Living wage? Aren't most dairy farmers multi-millionaires with annual incomes four times times the Canadian median?

With an enormous capital asset they can sell and live well from.

[WarrenC12]

Originally Posted by Wigs

I have no problem with farmers making good money if we get higher quality milk and dairy products than the dollar store grade 🞵🞵🞵🞵 full of blood and puss and hormones America consumes.

Milk of all kinds is full of things you'd rather not think about.

Sure there are a few artificial components that aren't in Canadian milk. But you sound like you're reading off a dairy farmers' memo on talking points.

I don't use cow's milk anymore, but when I did, I sometimes bought it from the US, and it was all the same.