With rising rents and house prices making it increasingly harder to find a place to live, some are pointing the finger at Canada’s record-level immigration rates.

  • ImplyingImplications
    16·
    10 months ago

    But experts and economists say that targeting immigration broadly won’t bring the cost of housing down. What’s required, they say, is a more nuanced approach.

    These damn experts and their complicated answers to problems! I don’t understand any of it! I just want someone to give me a simple answer!

    “It’s very simple math. If you have more families coming than you have housing for them, it’s going to inflate housing prices,” Conservative Leader Pierre Poilievre told an audience in Winnipeg recently.

    Ah! There we go!

    • Doorbook@lemmy.world
      101·
      10 months ago

      The logic is missing numbers the conservative leader leading the question with an assumption that there are less housing than immigrants.

      So you have to dive deep to see if that the case or not. How many homes are vacant or used as fake address for Canadian who claim residents in canada while staying abroad. How many homes own by companies and the benfit from not listing vacancies to control the supply chain and justify futher development.

      In addition to numbers you have to take into account population growth. Which make the real math more complex.

      Making a simple statement in these situations iy just sad because it has no value.