Home Forums Hunting & Shooting Canada Housing crisis?

The housing crisis has little to do with the Federal government, or for that matter, the Bank of Canada.The States set interest rates and we have to fellow along at a few points greater. The Bank is independent, but the rules are well known to anyone who has an interest in economics. The provinces set the building codes and the cities enforce them. So that is where the housing costs come from.

Canada didn't have an 2008 crash in the housing market, we have regulations to prevent that.

Do you live in Canada?

In BC and particularly the Vancouver region the local government has had a huge impact on housing prices with the increased regulations.

Our local leadership is not much better with lot splitting to renew older neighbourhoods --- older home and lot seeling for the $400K range --- torn down and split for 2 skinneys priced at $700K to over $1M depending on level of fit out. Someone who could afford the $400K as a starter will not be able to afford the new skinny's. Neighbouring communities are growing due to this mentallity from our civic leaders.

On the Federal side the carbon tax has driven up the price of goods and services required to both construct new and undertake renovations. This tax alone has been a major driver in the material cost of homes going up. Now add to this the higher morgage rates and soon to be higher again. Very difficult to get into a new home when the initial cost has gone up so much and the pile on occurs with the morgage.

Unfortunately in our are the trend is buy new vs get a starter home and work your way up.

C-69 is the no more pipelines law - just ruled unconstitutional

C-21 is the anti-firearms law - now on hold to 2025

Both had negative impacts on workers and businessess.

For diesel , the carbon tax is just under 19 cents a a liter. I'm being gouged at least 80 cents a liter by the oil companies. Get your hate on right.

The real crisis is this government and policies this Federal government implements. The immigration has caused the "housing crisis" and they have decided to use it as an election platform. They will build a few thousand dwellings here and there, we will pay for it.

The other crisis that is real.......because of this massive immigration, our infrastructure simply can't handle it, this cure for our "labour" shortage, has created a far larger list of problems.

Housing crisis?......don't take your eye off the ball.

This fellow is labelled as a rising star in the Liberal caucus --- catch his take on how to solve the housing crisis. Totally clueless that there are already housing manufacturers using robotic manufacuturing for wall fraiming systems to reduce costs through reduced material waste and reduction in labour. Leadership like this and increased immigration will not solve the issue.