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Liberal platform: Carney pledges to cap non-permanent resident population at below 5%
(www.ipolitics.ca)
this post was submitted on 20 Apr 2025
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Okay how about: Build houses without worrying about property values. Capitalism should have absolutely nothing to do with housing.
I haven't heard any arguments that maintaining property values is a bottleneck preventing more buildings. How does that make sense?
I've heard that policies that crater home values can't be chased (ie increased taxes on selling property, or other tax disincentives for houses to be so expensive or a vehicle for investments) but even those proposals don't actually address the root problem of not enough homes.
We have to wait for the boomers to die. Their wealth is all tied up in their overvalued homes, it's their retirement strategy. They're never going to agree to anything that ~~lowers property values~~ provides affordable housing.