Immigrants are at least partly to blame for the pressures. I mean, it’s impossible they’re NOT impacting the cost of housing. If you add 400,000 people to a country and do not add 400,000 units of new housing that year, you’re in a deficit. It’s Grade 1 math.
But what is genuinely to blame is a cogent political strategy to house Canadians. We can’t just leave it to the private sector to maximize profits. We can’t expect homeowners to make secondary suites. We can’t do nothing.
Cutting immigration is a sure-fire way to prevent over-demand for a scarce resource. It may sound right-wing but that’s the way it goes.
Immigrants are at least partly to blame for the pressures. I mean, it’s impossible they’re NOT impacting the cost of housing. If you add 400,000 people to a country and do not add 400,000 units of new housing that year, you’re in a deficit. It’s Grade 1 math.
But what is genuinely to blame is a cogent political strategy to house Canadians. We can’t just leave it to the private sector to maximize profits. We can’t expect homeowners to make secondary suites. We can’t do nothing.
Cutting immigration is a sure-fire way to prevent over-demand for a scarce resource. It may sound right-wing but that’s the way it goes.
The nothing-doing will continue until policy improves.