The current state of housing in Canada:

The 60-storey luxury tower is in pre-sales and officials say it has been selling to investors who own dozens of properties.

  • SymbolicLink
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    1 year ago

    I can’t imagine being someone whose goal in life is to profit off of the housing market to such a large extent.

    To be able to see the level of homelessness we have in our biggest cities, and still continue to scrape up everything you could. It should be a recognized mental condition.

    Honestly, some people have so much money and so few interests.

    Can we just start with a sensible policy of “if you own two properties anything beyond that will be taxed like crazy. And for-profit corporate landlords are banned or highly regulated”

    Maybe these people could pivot their investment to productive ventures.