this post was submitted on 01 Jul 2023
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As a relatively new Canadian, I'm happy to be given the opportunity to build a life here and proud of how the culture is very welcoming. I love the country and its diversity.
There are a few things that need to change, but most importantly, the housing crisis needs to be addressed meaningfully. As a homeowner myself, it's creating a massive divide between the ones who were able to get into the housing market vs the ones who weren't.
The rising unaffordablility will manifest in many ways such as increasing crime, polarized views, fascism, extremism, aggressiveness, and so on.
In my opinion, the only thing that can substantially slow down or limit the rising costs is not just by simply building more homes, but actually banning home owners from owning, say, more than 3 properties. But not sure if that's even possible or ethical. Just my 2 cents.