Chow: Campaign promise broken

bver_hunter

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Nov 5, 2005
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One of the big issues for rising house prices are individuals from abroad who own multiple properties in Canada, yet leaving them empty.
The other very huge issue are those who are owning multiple properties and renting them for additional incomes such as this individual:

 
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Not getting younger

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Jun 29, 2022
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Stuck in the latter half of the 20th century with nary a clue to what has actually happened to housing in the 21st century.

There have been 3 main drivers of "housing unaffordability and availability" both for ownership and for rental in this century.

1) The monetization of housing as basically just another asset class.
2) Low and extremely low interest/mortgage rates.
3) The dismantling of any type of an effective rental control regime.

In addition to the above:

4) Extremely high immigration and temporary student visa immigration.

What you are speaking above in your above quoted post is from a time and place that no longer exists.

- Condos have provided the bulk of housing, mostly rental housing, since the great recession.
- New condo sales are lapped up by investors. 80% of new condo sales are scooped up by investors now. Investors dictate what builders will build.
- 50% of condos are now owned by investors.
- Builders are building tiny condos because that is what investors want and investors control the market.

There was never any viable plan to build homes in the greenbelt which would have required a decade and mountains of public $$$ to service the alleged greenbelt housing plan. And considering that DoFo stated shovels had to be in the ground by the end of 2025 just evidences there really was no greenbelt housing plan that would actually build housing.

You are living in the past.
Agree with some or a lot. However.

Explain this. In particular the hiccup around 1990 and then the meteoric rise starting around 2008. It doesn’t quite fit your explanation
 

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Not getting younger

Well-known member
Jun 29, 2022
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Any new development I have seen includes varying types of housing such as detached, semi-detached and townhouse-type complexes. There is no room for any of these downtown.
Condos have taken over downtown which may work for some people but not everyone wants to live in a condo building. It also contributes to congestion and over-crowding.
The city has grown and people need to live reasonably close to it.
Taking .3% of greenbelt and designating other land as greenbelt would have created the space to build more housing without being too far from the city.

Most people opposed to that don't even know where the greenbelt is...they just don't like DoFo and could care less about land outside of the city.
Most or many people here, probably don’t even know much about Ontario. Can’t name cities, have never seen or visited them.

FFS terbs most rabid green defender didn’t know about wind farms….I’d be surprised if they ( the vast majority of gta residents) know much about the Oak Ridges Morraine for that matter.
 
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Skoob

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Jun 1, 2022
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Urban sprawl and cookie cutter housing developments are the worst possible choices for resources, land and lifestyle.
You need to try a 15 minute city.
15 minute cities are perfect for someone who doesn't have to commute to places like work. You know...where people earn a living so they can pay taxes that support people like you who can sit collecting welfare 15 minutes from the mailbox where the cheque arrives.
 

Skoob

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Jun 1, 2022
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Global issues.

The answer is tax the rich, pay people more and put more rules on developers.
All you're going to do is let DoFo and his buddies cash in on developments that don't get built.
Housing would have been built because that's where developers get their money. That's where jobs are created. That's where manufacturing that supports housing flourishes.

The rich are already being taxed more than you. You just feel entitled to someone else's money to fund the lifestyle you feel you deserve but don't work for.

Underneath it all that's just socialist greed. The worst kind.

What has made you decide to become a greedy socialist?
 

Skoob

Well-known member
Jun 1, 2022
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Most or many people here, probably don’t even know much about Ontario. Can’t name cities, have never seen or visited them.

FFS terbs most rabid green defender didn’t know about wind farms….I’d be surprised if they ( the vast majority of gta residents) know much about the Oak Ridges Morraine for that matter.
They don't need to know about the greenbelt...they just know they don't like DoFo. The finer details don't matter to them. What matters is their confirmation bias.
 

Skoob

Well-known member
Jun 1, 2022
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One of the big issues for rising house prices are individuals from abroad who own multiple properties in Canada, yet leaving them empty.
The other very huge issue are those who are owning multiple properties and renting them for additional incomes such as this individual:

If someone chooses to buy a property and leave it empty, why would that be the government's business?
Why is government shifting the blame to an investor by taxing them more for empty properties to solve a problem that's the government's responsibility?

You buy a property, you pay the taxes. You take on the risks and expense of owning a property. That's it.
No need for the government to punish you for that. Unless you like Communism, then that's a totally different argument.
 

Frankfooter

dangling member
Apr 10, 2015
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Housing would have been built because that's where developers get their money. That's where jobs are created. That's where manufacturing that supports housing flourishes.

The rich are already being taxed more than you. You just feel entitled to someone else's money to fund the lifestyle you feel you deserve but don't work for.

Underneath it all that's just socialist greed. The worst kind.

What has made you decide to become a greedy socialist?
I can't believe you're still defending the biggest political scandal in Canadian history while DoFo is still under RCMP investigation.
You can't get your tongue much further up an asshole than that.
 

Skoob

Well-known member
Jun 1, 2022
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I can't believe you're still defending the biggest political scandal in Canadian history while DoFo is still under RCMP investigation.
You can't get your tongue much further up an asshole than that.
As you deflect and dream of Netflix shows, we still have a housing crisis that people like you are causing by hindering progress.
 

Frankfooter

dangling member
Apr 10, 2015
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How many liberals still back anyone found guilty of anything like that, skoob?
zero

How many rumpsters still back the orange mussolini despite all the guilty verdicts?
all
 
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Skoob

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Jun 1, 2022
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How many liberals still back anyone found guilty of anything like that, skoob?
zero

How many rumpsters still back the orange mussolini despite all the guilty verdicts?
all
Last I checked DoFo hasn't been found guilty of anything but you don't support him anyway.
Trudeau has been found guilty several times and gets voted back in.
So much for your theory.
 
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