In a drop that some economists are calling 'worrisome,' Canada’s labour market shed 84,000 jobs in February, one of the sharpest monthly declines seen outside the COVID-19 pandemic.
So you think you can just dump workers into a country and it has no affect on housing demand or wages?
That’s not what I said. You aren’t following what I and others are saying.
When you say stuff like “it’s entirely supply and demand for labour”, you are replaying talking points of that same government and those same corporate interests, who both use language around housing like it’s something people can just stop wanting by framing it as a commodity.
Our issues aren’t based on population changes one way or another, they exist squarely because we treat housing as a commodity and as a financial vehicle. There is effectively enough housing for everyone, it’s just been placed out of reach for many.
Supply and demand explains the price of lemons in a place that can’t grow lemons. It does not work for housing, which is a hard requirement of social stability, that’s why we can’t treat housing like we treat buying and selling lemons.
Slow down and read what is being said to you, and for your own peace of mind, stop interpreting criticism as a personal attack.
Our issues aren’t based on population changes one way or another, they exist squarely because we treat housing as a commodity and as a financial vehicle. There is effectively enough housing for everyone, it’s just been placed out of reach for many.
Heres a citation with statistics that says that youre wrong, that housing completions greatly lagged population growth. Do you have any proof of your assertion that there is enough housing, and that there is no shortage?
If there was a large supply relative to demand then rents would have been shrinking when population was rising, we have a 1% tax on vacant housing and a low vacancy rate.
That’s not what I said. You aren’t following what I and others are saying.
When you say stuff like “it’s entirely supply and demand for labour”, you are replaying talking points of that same government and those same corporate interests, who both use language around housing like it’s something people can just stop wanting by framing it as a commodity.
Our issues aren’t based on population changes one way or another, they exist squarely because we treat housing as a commodity and as a financial vehicle. There is effectively enough housing for everyone, it’s just been placed out of reach for many.
Supply and demand explains the price of lemons in a place that can’t grow lemons. It does not work for housing, which is a hard requirement of social stability, that’s why we can’t treat housing like we treat buying and selling lemons.
Slow down and read what is being said to you, and for your own peace of mind, stop interpreting criticism as a personal attack.
https://www.fraserinstitute.org/sites/default/files/canadas-growing-housing-gap-1972-2022.pdf
Heres a citation with statistics that says that youre wrong, that housing completions greatly lagged population growth. Do you have any proof of your assertion that there is enough housing, and that there is no shortage?
If there was a large supply relative to demand then rents would have been shrinking when population was rising, we have a 1% tax on vacant housing and a low vacancy rate.
https://www.cmhc-schl.gc.ca/professionals/housing-markets-data-and-research/market-reports/rental-market-reports-major-centres
So I respectfully disagree with your assertions, based on these statistics.