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Yeah it's great. Just great. Until your government imports so many that you can't afford to live anywhere and can't pick up a second job because of all the doctors and engineers.
Pst, here's a secret... capitalism is causing that to happen world wide - including in countries with low immigration.
OK. What's your fix? Because as a person on the ground whats effecting me -right now- is so many people came that rent skyrocketed and they took all the weekend work "as students"
If you're familiar with copy-left licensing then short term my fix is to start encumbering properties with perpetual clauses prohibiting non-natural person ownership. I think if we could get a few sellers to start including such a clause it'd become popular extremely quickly - people selling their home or their parents home don't want to see it turned into a perpetual airbnb for a Saudi investor... the majority of people selling homes want that home to be used by a new family - these are extremely precious things for us.
Additionally, we need to attack NIMBY zoning laws that prevent densification to super charge housing prices... this one is harder because most homeowners don't want their neighborhood densified so we'd need to remove power from local zoning boards and let federal or provincial governments have more control.
This I agree with 110%. It's difficult to attack these things in my country as home ownership is one of the few ways to build wealth and people will fight back. As it stands i don't mind to keep renting on the short term because I see the government doubling taxes or more on homes, but my rent has also doubled. Our politicians fix so far has been to promise to spur into action home building, but they are building Luxury homes..
Just build houses.
Lmao uh yeah there's no keeping up with this. We need at least 1.5 Million new homes, and thats for one province. That's some boomer logic you got.
Did you try building houses instead of not building them
Thats why all the companies are crying that they lack employees. Thats why Britain is still short tens of thousands of lorry drivers
The low wages of the EU meant it wasn't worth it for locals to do the job.
The answer to this problem is higher wages and more training which is better for Britain.