• @xmunk
    link
    98 months ago

    So 20% of Canadians are real estate speculators or NIMBY assholes?

    • @[email protected]
      link
      fedilink
      4
      edit-2
      8 months ago

      I would guess the NIMBYs “somewhat support” affordable housing (i.e. “somewhere else, just not here”), and that they’re mixed in with further home owners who are afraid of lower prices affecting their “investment.” I imagine it’s mostly real estate speculators that make up the bulk of the ones against affordable housing.

    • @[email protected]
      link
      fedilink
      18 months ago

      20% of the population is already rich and wants to pull the ladder up after them.

      That 80/20 split is about the same as the have/have-not income split of $160k/year.

      • @[email protected]
        link
        fedilink
        28 months ago

        Actually, the government directing the CHMC to pivot from “direct public housing investment and urban planning” to “mortgage supports and bribing developers” is about the same time our housing market started to get out of control.