It's equally important that we're smart about who we give construction contracts to. The main reason rent has skyrocketed over the years is because we've sold most of the land to for-profit real estate developers, instead of building co-ops and public housing.
Even rural AB has sky rocketed in the past year. You could get a nice fancy 2 bed for 1200 now it went up 400 becasue immigration pushed out to the rural towns.
Rent control and rent freeze are bad for renters long term. It forces some landlords to sell, reducing the supply of rental units and in the long run causes overall rent increase due to decreased supply. Government intervention often leads to poor result, it’s best to let the free market do its job.
Rent controls are ridiculously tough in most of Canada - Ontairo is the worst with BC close behind. it;s the main reason we have a shortage of rental housing and sky high rents. Yes, rent controls and the long list of anti-landlord regulations actually cause HIGHER rent than in an uncontrolled rental market. You scare away the little guy landlords and you end up with only the hard-ass deep pocket ones who know how to play the market for the most profit and the worst housing. Meanwhile in Alberta with minimal rental laws and instead a free market system, they have much lower rents and more housing available.
Our government has decided that owning stocks and real estate is more important than fixing the economy and saving the middle class. you are now either poor or rich. no in-between
Don't buy stocks!!!! Our government will never let our housing market to crash. That's why it's amazing! I made so much dumb money and I love it!!! Don't wait! You are rich if you play with the housing market, you are poor if you don't own residential property. Educate yourself and learn why housing will never crash in Canada. Time is money!
The Housing Crisis is a DEMAND issue . With 200,000 to 260,000 housing starts in Canada , each year , for the past 20 years , its not a supply issue . .
Canada has more land and trees than anyone but we have to struggle our whole lives to try and pay for one tiny piece of land to live on. The government throws money at so many things they can throw a little into building modest houses until it is affordable to obtain one.
@darex0827 that's exactly what I mean, instead of trying to concentrate and build up we can more easily build outward, the land is free to the government as they claim to own it.
@@shauncameron8390Not really. We have A LOT of rural land thats not being capitalized. Look at the Atlantic provinces, they could easily hold more urban communities.
Serious question for the Liberal voters. This is unbelievable what has happened to our beautiful country in a decade of this government. Will you continue to vote for them at the next election?
You think PP can do better? LOLZ. There is a housing crisis virtually everywhere in the world you want to live in, Australia, England, etc. etc. PP isn't even a fresh face, he wants to EFF with pensions at the cost of thousands.
Unless there is a massive decrease in immigration, this issue will never go away :)
Look at you 😂 common sense isn't lost 😂
@@alexxx7066 where are you from India?
The best short term and long term solution is get rid of Trudeau.
Unless there is a massive increase in construction, this issue will never go away.
We don't want that to happen!!! We want this to keep it going so we can make more money!
It's equally important that we're smart about who we give construction contracts to. The main reason rent has skyrocketed over the years is because we've sold most of the land to for-profit real estate developers, instead of building co-ops and public housing.
@@atoaster2070
Both of which have stricter eligibility requirements and long waiting lists.
But if we have more of them available, the average renter will have a better chance of finding one.
@@shauncameron8390 all because there are not enough of them, if there are enough what would be the point to gatekeep?
Even rural AB has sky rocketed in the past year. You could get a nice fancy 2 bed for 1200 now it went up 400 becasue immigration pushed out to the rural towns.
The Immigration Crisis
Too many east indians here!!!
Rent control and rent freeze are bad for renters long term. It forces some landlords to sell, reducing the supply of rental units and in the long run causes overall rent increase due to decreased supply. Government intervention often leads to poor result, it’s best to let the free market do its job.
Free rent is what we need 🎉🎉🎉
Okay landlord.
Your assumption is that landlords should exist and are necessary for society to function. This is a blatantly incorrect assumption.
@@CantHandleThisCanYa who is supply the rental unit if there are no landlord ? Nothing will be built. Government?
They think another big daddy politicians will save them as they've been saved over the past 10 years
With rate cuts it will only jump
You meant down?🤣🤣
How long can this go on with these abnormal rental prices here in Canada? 😥
Until supply overpass demand
BRING BACK RENT CONTROL!!!
LOL. Vancouver already has that and yet it's THE most expensive place to live in Canada.
Rent controls are ridiculously tough in most of Canada - Ontairo is the worst with BC close behind. it;s the main reason we have a shortage of rental housing and sky high rents. Yes, rent controls and the long list of anti-landlord regulations actually cause HIGHER rent than in an uncontrolled rental market. You scare away the little guy landlords and you end up with only the hard-ass deep pocket ones who know how to play the market for the most profit and the worst housing. Meanwhile in Alberta with minimal rental laws and instead a free market system, they have much lower rents and more housing available.
@@planesandbikes7353 that's why you're supposed to build co-ops instead of selling the land to for-profit developers DUHHHHHHH!!!
How does rent control gonna solve the shortage of housing supply? It's stupid.
Our government has decided that owning stocks and real estate is more important than fixing the economy and saving the middle class. you are now either poor or rich. no in-between
Don't buy stocks!!!! Our government will never let our housing market to crash. That's why it's amazing! I made so much dumb money and I love it!!! Don't wait! You are rich if you play with the housing market, you are poor if you don't own residential property. Educate yourself and learn why housing will never crash in Canada. Time is money!
@@almontoya5703don’t buy!!!!!
@@almontoya5703No one can buy property with these wages and cost of living.
The difference between home ownership versus living in ontario housing or 2-3 bed room across Canada is attainable.
Basement?
@@stephenn88Basement for starters leading to eventually housing accomodation with a view.
wild! 2k a month
MAKE A VD ALREADY
@@stephenn88 working on it!
The Housing Crisis is a DEMAND issue . With 200,000 to 260,000 housing starts in Canada , each year , for the past 20 years , its not a supply issue .
.
Canada has more land and trees than anyone but we have to struggle our whole lives to try and pay for one tiny piece of land to live on.
The government throws money at so many things they can throw a little into building modest houses until it is affordable to obtain one.
You can buy a tiny piece of land in many places in this country for very little. If you actually want a house in a major city, its gonna cost ya.
@darex0827 that's exactly what I mean, instead of trying to concentrate and build up we can more easily build outward, the land is free to the government as they claim to own it.
@@REAL-NANO
But most of the land is unsuitable for farming or inhabitation.
@@shauncameron8390Not really. We have A LOT of rural land thats not being capitalized. Look at the Atlantic provinces, they could easily hold more urban communities.
North York has been a district inside the city of Toronto for over 3 decades. And yes, rent prices are ridiculous.
Welcome to Trudeau's and Singh's Canada 😏
LOLZ. Evil Milhouse is just Ron DeSantis without the lifts.
if you think PP would be any better you are in for a rude awakening
@@HIareUmadthank goodness I need to wake up from this 10 year nightmare.
@@HIareUmadWhen he was with Harper, prices of homes actually were affordable.
Virtually all of the places with the highest average rent are located in the GTA and Lower Mainland with Vancouver and Toronto leading the way.
India is cheap, especially in Punjab....
We should move to Indiana
Everybody needs to move to India then.
@@bmoshareholderappleshareho855But it smells like........
If you want low quality infrastructure, goods and services.
MAID program 😶
Price fixing and greed!
Not really. That's just a small price to pay to live in the big city.
@shauncameron8390 Yeah if your playing with daddies money 🤡
government not greed
Keep voting Liberals.. this is what you get.
Come to Saskatchewan. Our cities are so affordable and we have so many job opportunities.
This is exactly the same going price where I live in America (Canadian $ x 0.73 = $1,607 USD)
Serious question for the Liberal voters. This is unbelievable what has happened to our beautiful country in a decade of this government.
Will you continue to vote for them at the next election?
You think PP can do better? LOLZ. There is a housing crisis virtually everywhere in the world you want to live in, Australia, England, etc. etc. PP isn't even a fresh face, he wants to EFF with pensions at the cost of thousands.
Yes, I will vote for Liberals again! Because of them I've made a lot of dumb money in real estate!! If you can't beat them, join them!!! Don't wait!
They need to freeze rents now, this is insane
Vancouver already has a rent freeze.
@@shauncameron8390when?
@@stephenn88
Vancouver already has rent control.
@@shauncameron8390rent control is not rent freeze
They need to cut Immigration.
NIMBY's have be put in jail and forced to build tiny homes then on completion for their release
That's new rents, I pay a fraction of that as I haven't moved for ages.
TOO ....... MANY ....... IMMIGRANTS
Congratulations on building homes in Canada 🇨🇦
we need for more immigrants! Give them preference in everything also because of DEI! We must do it now for the future of Canada!
At least the rich politicians are exempt.
We need free rent 🎉🎉🎉