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by likenesstheft
1016 days ago
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How come you construe more housing as being a government responsibility? That is strange, especially when your government is causing these issues in the first place. Housing supply normally gets built to satisfy demand. If the regulations are too stifling for construction to be profitable for builders and workers, you won’t have houses. Period. Magic funny money only works for so long before the house of cards comes crashing down. Interesting that some in Canada respond to the problem by expecting the government to do something all the time. They serve the poison and you want their antidote too? Canada’s leaders are doing a pretty great job of setting the stage for a housing takeover so they can conveniently come up with a solution that makes them more central and more powerful. Do they overly regulate construction and make it hard to do business? |
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However the limiting agent in this environment is governments willingness to zone and permit new housing construction. The aggregate supply of housing is mostly a function of government policy. One issue is that while it may be popular at federal level to boost housing supply, housing policy is mostly enacted through local government.