Avid Amoeba to [email protected] • 2 years agoBank of Canada raises its interest rate to 5%www.cbc.camessage-square89fedilinkarrow-up1184arrow-down13cross-posted to: canadapoliticscanadapolitics[email protected][email protected][email protected]
arrow-up1181arrow-down1external-linkBank of Canada raises its interest rate to 5%www.cbc.caAvid Amoeba to [email protected] • 2 years agomessage-square89fedilinkcross-posted to: canadapoliticscanadapolitics[email protected][email protected][email protected]
minus-square@[email protected]linkfedilink5•2 years agoI think that’s the intent right? How else are property values going to stop skyrocketing if no one is under any sell pressure?
minus-square@[email protected]linkfedilink2•2 years agoCreating sell pressure is a tiny part of the solution. The real problem is supply. We need 10x the current build rate. Zoning laws, out dated transport infrastructure and greedy developers will ensure this remains a decades long problem.
I think that’s the intent right? How else are property values going to stop skyrocketing if no one is under any sell pressure?
Creating sell pressure is a tiny part of the solution. The real problem is supply. We need 10x the current build rate. Zoning laws, out dated transport infrastructure and greedy developers will ensure this remains a decades long problem.