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Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death

ourgeneration.news

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Re: Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death

#41

Post by ZoomerCretin »

SketchySeaBeast wrote: post #35
nostromo wrote: post #24

Earlier quoted context omitted.

I’m not attacking you, your heart is in the right place, but your comment illustrates the problem. Housing absolutely should be a profit center. Home and multifamily builders should be unleashed to build as much housing as they can. Let them be greedy; let them get rich. It’ll make housing more affordable for everyone. High housing costs aren’t a failure of the free market - they’re a failure of central planning at e…

The problem with encouraging builders to go hard with few restrictions is you end up with a low-density urban sprawl that introduces a ton of its own issues. You end up with massively long commutes and a ton of infrastructure that now needs to be maintained, and none of that cost falls on the builder so they happily build fields of new homes miles away from work places or services.

> The problem with encouraging builders to go hard with few restrictions is you end up with a low-density urban sprawl

Low-density sprawl is a result of local governments banning medium and high density building, not the free market. 80% of Austin is still single family homes despite a massive influx to the area. This is not because single-family homes are the most profitable to build, but because they are the only thing that you can legally build.

Re: Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death

#42

Post by halostatue »

Calamitous wrote: post #6
epicureanideal wrote: post #3

Earlier quoted context omitted.

> the real estate value bubble has expanded beyond all reasonable limits. I'm very interested to find out how this ends...

I’m more curious how it started.

AirBnB investors, flippers, and other speculative purchasers.

Re: Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death

#43

Post by oncewas »

nostromo wrote: post #24
thinkingkong wrote: post #4

Whats wild about affordable housing in Canada is that for every newly built unit we lose 15. Yet almost nobody is talking about that part. You cant build your way out of the problem before you plug the leak. But there are obvious misaligned incentives to do that. The value system of our economy and culture seems to be obsessed with making basic needs a profit center, at all costs, regardless of the consequence.

I’m not attacking you, your heart is in the right place, but your comment illustrates the problem. Housing absolutely should be a profit center. Home and multifamily builders should be unleashed to build as much housing as they can. Let them be greedy; let them get rich. It’ll make housing more affordable for everyone. High housing costs aren’t a failure of the free market - they’re a failure of central planning at e…

Not attacking you, your heart is in the right place. If COVID-19 has taught us anything, learning to make businesses more efficient doesn't actually result in a better outcome for consumers. Take Nabisco for example, churned out record sales, didn't pay their burnt out employees more and Oreos cost more than ever before...

Re: Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death

#44

Post by dtf »

Slightly off-topic, but what exactly is this website? A "self-funded progressive news outlet... since June 2021". "Our writers are liberals, social democrats, and democratic socialists. It is not a political denomination that brings us together, rather what unites us is a desire to progress as a united country."

Sounds awfully like a front for political organisation of some stripe or other rather than a genuine news outlet.

https://ourgeneration.news/about

edit

Also kind of interesting: the "ourgeneration.news" domain was registered 11 April 2022.

https://who.is/whois/ourgeneration.news

The linked Twitter account seems to have first tweeted on 20 April 2022, doesn't get a huge amount of engagement yet already has over 15K followers:

https://twitter.com/Our__Generation

Re: Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death

#45

Post by beiller »

carlgreene wrote: post #26
beiller wrote: post #8

Earlier quoted context omitted.

It will end in either a correction of the price of housing, or a correction on the currency those houses are priced in to bring it back in line with the rest of the world, because from my understanding the economics when adjusted for wages in Canada is the number that is way out of whack. Place your bets!

> to bring it back in line with the rest of the world Can you explain what you mean by this? The USA and Canada are both quite low when comparing median home price to median income[0] 0: https://www.numbeo.com/property-investment/rankings_by_count...

I see here showing Canada as #7 on the list (House-price-to-income ratio) https://www.statista.com/statistics/237529/price-to-income-r... I live in Canada and have a very high wage and I feel like it is not affordable, but maybe I'm just too cheap!

Re: Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death

#46

Post by retcon »

tiborsaas wrote: post #16
giarc wrote: post #9

Earlier quoted context omitted.

Mortgage rates of 1.x% probably didn't help.

Yearly 1% is very cheap, we have around 6% in Hungary :)

And that's at your lower bound.

Here's why:

Edit putting this here as intended

Viktor Orban's Bank" Financial Times feature of this morning. https://archive.ph/tINOK

This won't help "Hungary Loses the trust of its European neighbours"https://archive.ph/rXucw. Also FT earlier .

I contrast these articles because Orban ended foreign currency and foreign banks mortgage loan supply and nationalized the risks, now linking domestic mortgages to the political situation which is for everyone now a reckoning but any reckoning Orban isn't the best prepared for.

Re: Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death

#47

Post by fshbbdssbbgdd »

SketchySeaBeast wrote: post #35
nostromo wrote: post #24

Earlier quoted context omitted.

I’m not attacking you, your heart is in the right place, but your comment illustrates the problem. Housing absolutely should be a profit center. Home and multifamily builders should be unleashed to build as much housing as they can. Let them be greedy; let them get rich. It’ll make housing more affordable for everyone. High housing costs aren’t a failure of the free market - they’re a failure of central planning at e…

The problem with encouraging builders to go hard with few restrictions is you end up with a low-density urban sprawl that introduces a ton of its own issues. You end up with massively long commutes and a ton of infrastructure that now needs to be maintained, and none of that cost falls on the builder so they happily build fields of new homes miles away from work places or services.

In Canada, exclusionary zoning rules prohibited the construction of mid-rise housing in most cities. Developers would build it if the system wasn’t set up to stop them from doing so. They want to sell more units of housing per acre of land.

Re: Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death

#48

Post by gralx »

kache_ wrote: post #10

MAID is a huge bummer. MAID is one of those things that doctors can't really discuss, because you'll get attacked for it. A lot of Canadian doctors are silenced about this topic. It bears similarity to the avoidance doctors have with speaking (anything at all) about COVID - they're worried about their jobs. https://nationalpost.com/news/canada/the-troubling-debate-ov... The government is being quite clear about this.…

It seems you missed the point of the OG article? It's not about MAiD or the ethicality of the Canadian Charter of Rights and Freedoms but about systemic, community-wide failures to help those in need across Canada. The MAiD anecdotes just show how bad it can get.

Re: Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death

#49

Post by mortenjorck »

giarc wrote: post #19

I think it is important to note that the story is of 1 person that completed MAID and 2 that contemplated it. The headline perhaps implies more cases.

Not only that, but the one person who did complete MAID, as well as one of the two contemplating it, were MCS sufferers, a topic of significant controversy on its own.

There is plenty to be said about the Canadian housing crisis, but this article doesn’t really offer anything beyond a couple of extreme corner cases.

Re: Canadians Unable to Afford Safe Housing Are Turning to Medically-Assisted Death

#50

Post by twblalock »

nostromo wrote: post #24
thinkingkong wrote: post #4

Whats wild about affordable housing in Canada is that for every newly built unit we lose 15. Yet almost nobody is talking about that part. You cant build your way out of the problem before you plug the leak. But there are obvious misaligned incentives to do that. The value system of our economy and culture seems to be obsessed with making basic needs a profit center, at all costs, regardless of the consequence.

I’m not attacking you, your heart is in the right place, but your comment illustrates the problem. Housing absolutely should be a profit center. Home and multifamily builders should be unleashed to build as much housing as they can. Let them be greedy; let them get rich. It’ll make housing more affordable for everyone. High housing costs aren’t a failure of the free market - they’re a failure of central planning at e…

> Home and multifamily builders should be unleashed to build as much housing as they can. Let them be greedy; let them get rich. It’ll make housing more affordable for everyone.

Yep. This is pretty much how all the existing housing stock got built. It was a gold rush for housing developers building entire subdivisions at a time. People seemed pretty happy about it at the time, too -- and now that it's harder to build, housing gets more expensive and it's the youngest generation that suffers most.

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