Canada intervenes (again) to stop housing prices going down
https://nationalpost.com/opinion/canada-intervenes-again-to-stop-housing-prices-going-down
“And so what if they sell at a loss? That’s the game,” wrote Johns. “Why should Canadian taxpayers bail out homebuilders?”
1/2
"Conservative Leader Pierre Poilievre hosted his own Vancouver press conference just two days later, advertising it under the title “Stop Liberal Housing Developer Bailouts.” “Normally, the innovative financial tool to turn an overpriced empty condo into an affordable home is for the price to drop … so why not let that happen?” he said."
2/2
#CanPol #cdnpoli #PierrePoilievre #CPC #HousingCrisis
#NationalPost
@mpjgregoire
When the market is unregulated the rentsl prices drop as the building becomes a drug and disease den for the destitute. The invisible hand often makes things worse, wise management/regulation is the way forward. Tax the rich and build proper housing with those tax dollars is the solution.
Despite the rats, roaches and clogged toilets at decaying rooming houses and hotels in Vancouver's Downtown Eastside, activists and experts say they provide necessary affordable housing to the poorest people who would otherwise be pushed onto the streets.
@mpjgregoire
Same story in Edmonton: the free market creating conditions for crime because of inadequate regulation.
https://globalnews.ca/news/10918206/edmonton-shooting-apartment-history/
@mpjgregoire
So many gulity cons since Harper and now even allegations of treason...apparently the conservative plan for crime is to join in.
@NMBA When politicians commit crimes, let them be punished with the full weight of the law. Doesn't matter what party they're from, our leaders and those seeking to lead should show even more respect for the rules than the public at large.
As for the Alberta separatists, they should be thrown out of any party purporting to be conservative. It's hard to think of a less conservative policy than a plan to destroy Canada.
@NMBA The FTA was such a good thing for Canada that, decades later, not just the Liberals but even the NDP desperately wish to preserve it. Conservatives are right to feel proud of advancing Canadian prosperity by lowering and eliminating tariffs.
It is true that conservatives who voted for the #UCP empowered the Albertan separatist movement. I suppose a partial defence would be that the UCP electoral campaign didn't promise a referendum on separation or other such moves.
@mpjgregoire @NMBA thrown out by whom? They aren't going to be thrown out of their own UCP party by doing what's demanded by their AB supporters.
It would be interesting if the CPC outside of AB expel some chunk of AB CPC MPs/organization/members because of overlap and support of the separatist UCP. A schism that would return the federal CPC to the pre-Reform situation.
@johnefrancis @NMBA The #CPC is a federalist party (see the Policy Declaration, especially Founding Principle 5, https://cpcassets.conservative.ca/wp-content/uploads/2026/02/27094930/45977d2d3ad26ec.pdf ), and Mr. Poilievre has declared that all MPs support a united Canada. I predict that within the CPC, no one more senior than an EDA board director will publicly announce support for a referendum on secession, either in Alberta or Québec.
I don't know what will happen in the UCP, but if it doesn't support Confederation, then it is not truly conservative.
@mpjgregoire @NMBA but the UCP has Conservative in their name, and were formed from the Alberta PC party. Surely they have as much claim to being conservative as the federal CPC, itself formed from the PCs and the Reform party.
Its hard to argue that AB hasn't been the centre of Canadian conservatism for the past 30y, and what passes for conservatism elsewhere is the inconsequential fringes of conservatism.
@johnefrancis
If "conservative" means anything at all in politics, it means opposition to radical change in the institutions of government — and the secession of Alberta would be exactly that sort of radical change.
As for Alberta politics, I think we'll find that the separatists are a faction (committed and thus disproportionately influential) within the UCP. But I doubt they are close to a majority in the party membership or its voters.
Won't someone PLEASE think of the foreign billionaire investors?!?! /s
@anyGould Who in Canada said that home ownership was how you save for retirement? When I read David Chilton thirty years ago, his advice was to maximise your RRSP and save beyond that — he didn't recommend taking out the biggest mortgage you can afford.
The fact is that bad government policies have led to our current high housing prices, and many older Canadians (like me) have benefitted from the resulting windfall gains. It would be better for Canadians overall if the price of homes fell 50%.
M. Grégoire
Sweet Home Alaberta 🇨🇦 🇺🇦 🏳️🌈 🏳️⚧️ 🇲🇽
John Francis 🇨🇦🦫🍁🫎
Serge from Babka
anyGould