this post was submitted on 28 Aug 2023
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Explain.
Land has value, and sometimes it goes down, but it usually goes up. Whether you are actively using the land is completely irrelevant because someone will pay you to make use of it.
I don't think that people should be allowed to hoard large amounts of land for the purpose of selling it later on, so there should be regulations put in place to prevent this.
But calling a farmer who isn't actually using their land and who wants to sell it at a profit to some developer "leaching" seems harsh.
That's unfair. I'm going by the universal definition of "affordable housing" set by these experts, while using Stats Canada data to illustrate that the majority of Canadians can afford housing (rental).
You can disagree or claim that I deny there's a problem, but perhaps we are using different criteria here.
What definition of "affordable housing" are you going by, and what data are you using to support the idea that Canadians can't afford housing?
I find that the biggest challenge to discussing affordable housing is that some people have wildly different ideas of what that means.