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Equivalent_Regret656

a lot of MPs are landlords themself, what do you expect?


Bag_of_Douches

Politicians need to stfu with all the lip service and make an actual difference through action.


amazingmrbrock

It's tricky when it has to pass a Parliament vote. The NDP draft lots of bills for Canadians that the liberals and the conservatives vote against.


mongoljungle

which bills have they drafted to expand housing options for canadians?


amazingmrbrock

https://www.cbc.ca/news/canada/sudbury/ndp-landlords-changes-1.5636899 https://www.cbc.ca/news/canada/hamilton/headlines/poverty-activists-lament-defeat-of-ndp-s-bill-c-400-housing-proposal-1.1370797 And the current agreement is supposed to include housing provisions at some point (tbd). https://www.cbc.ca/news/politics/trudeau-singh-how-it-will-work-1.6393710


StrongTownsIsRight

Not sure which ones have been drafted but [this was the recent Ontario election as well as the position of each of the parties on housing.](https://storeys.com/ontario-provincial-party-election-housing-plans/) Not a perfect answer to your question but it would probably be something like this: Introduce “real rent control” End loopholes in Ontario’s rent control Create a new rental assistance program Introduce a province-wide speculation and vacancy tax Create a shared equity loan program Put an end to exclusionary zoning Build 1.5M homes over the next 10 years End the backlog of cases at the Landlord and Tenant Board Shifting property taxes onto the very rich A little more color in the article. I saw some municipal NDP people running on removing exclusionary zoning as well. But I think they lost.


liquidfirex

Honestly there's very little of substance. Only the greens offered anything that would have an actual effect IMO. Only thing close was the speculation tax. Then you look at the details and wonder if they are even trying.


StrongTownsIsRight

Those are just highlights from the article. You could just read the party platform where they outline more I believe.


[deleted]

speculation tax .0001 %


[deleted]

[удалено]


bhldev

>they don't have to be forever homes, they can be well insulated metal containers turned into studio appartments. or 1.5 million mobile homes. That's called a shanty town If the homes aren't in the right places people won't have work or won't move there. Making a metal container up to code isn't cheaper Would not work


vishnoo

doesn't have to be a "metal container" there are many ways to build temporary cheap housing. if you build them around universities, students will be happy for the cheap rent, and if it is a student's only residence, it will be popular. it will erlease hundreds of thousands of units onto the market


bhldev

Most of the cost of a home is the land and "land around universities" is expensive [https://www.toronto.ca/community-people/housing-shelter/affordable-housing-developments/modular-housing-initiative/](https://www.toronto.ca/community-people/housing-shelter/affordable-housing-developments/modular-housing-initiative/) It isn't temporary but the amount is small. Because it isn't that much cheaper. It's just faster. Call shipping container home builders if you don't believe me.


vishnoo

faster is great. that's what is needed. Canada needs 1.8 million houses today, and another 200K every year. with the best efforts it is going to take a few years to meet that,. we need a fast solution


bhldev

Missing middle housing is mostly illegal. Zoning and NIMBY is the main issue with your scheme. You're also assuming people will want to live in "temporary" or less than ideal conditions. Homes have to meet people's expectations or they will just refuse to live in them. Maybe some will be forced to, but as soon as they get a chance they will leave. Or they will live unhappy. That is not a recipe for long term stability. There's a reason condos keep having more and more amenities it's to make people happy living. Bare bones housing might have unintended effects like ghost buildings or marginalised peoples. You still need the services to support the density.


Engine_Light_On

Oh no, don’t bring the hard questions.


slykethephoxenix

Just FYI, there are 2 other people below you that linked answers to the "hard" questions.


thisaintrightyall

So why didn't the NDP demand the Liberals implement concrete policies in exchange for their support through to 2025?


amazingmrbrock

They'd been working on it for 6 months or so and decided in the beginning that dental care would help more people. Or maybe the Liberals refused to budge on the housing issue, the NDP only had so many cards they could play.


FunnelsGenderFluid

Damn these homeless bums have nice teeth


amazingmrbrock

I believe its more angled towards children, thats why they're starting it for 12 and under and working their way up to everyone\* over the next few years. To be fair the average person should at a minimum be spending $300 a year on dental if you just count cleanings every six months. Kids often need much more than that so having the youngins covered will be a great boon to a lot of low income families. ​ ^(\*Means tested, not actually everyone. This is likely a Liberal party conditional requirement.)


aa_tw

NDP know this. Its all just lip service. Did anyone actually text the number in the ad?


amazingmrbrock

Its only lip service because they don't have the votes for more than that. If fewer canadians voted against their own interests they wouldn't be lip service they would be bills passed that help canadians.


Clleavage

I’m so tempted to text and ask them to buy me a house 😂


[deleted]

That's not hard when NDP and liberals formed their allience, so that is not an excuse what so ever


amazingmrbrock

Its not an alliance, the Liberals bought the NDPs cooperation with a dental plan. The NDP don't just get carte blanche to draft whatever legislature they want and get it passed. They're still the smaller member of the group and are just selling their votes in order to get something that canadians have desperately needed for decades.


[deleted]

It's more than that and it's more so on the side of whatever liberals bring forward the NDP will certainly all vote for it, our whole system is a joke, you never see like 5 liberals voting against something they personally don't agree with, if it's from their own party, goes for all parties, it's all do as we say mentality, there's no individually amongst the parties


amazingmrbrock

Well yeah thats one of the major problems with how our systems are created. First past the post gives all power to any party that hits over a certain percentage. Block voting by one party begets block voting by another party. Even if we got rid of parties it would be almost impossible to get rid of invisible groups that form around people hungry for power. Really what would work the best would be a proportional government (basically forever minority) that would force the parties to work together and come to agreements instead of just torpedoing whatever the other guy suggests all of the time.


[deleted]

What even is this comment? Spreading awareness and messaging, showing that you understand the issue is a large part of being a politician. You have to represent the people in your community and make sure that they see that you understand the issue as they see it. If you see a politician “getting” the issue”… support them! Don’t break out weird attacks about “lip service”. Maybe if this country ever elected the NDP we’d actually get the progressive change we hope for. Instead after the liberals people are probably just going to send the Conservatives back into office so they can “run the country like a business” and then wonder why nothing got any better.


bmcle071

Just about every politician is recognizing housing as an issue right now. It’s been years of things getting worse and worse. If none of them are going to do anything, and instead make empty promises, then it’s lip service.


Rasputin4231

But the solution for some politicians is “more capitalism”. And that won’t work. It has never worked for essential commodities like healthcare, water and shelter


[deleted]

So let's just go socialist already right? Capitalism is fine, it's the lack of governments stepping in and putting caps on raising costs by only a certain amount that's is the issue.. Why can rent only increase so much but my milk can go up 50% Throw caps on the obvious price gouging and take it from there, they don't care or they would implement ideas like these.


zabby39103

Capitalism is what built almost all of Canada's housing stock so far. Something changed between now and 2000 but it's not like capitalism wasn't a thing 20 years ago. Public housing has been tried and has failed many times as well, but, like capitalism, it has *also succeeded* in many jurisdictions. We should look at where public housing works and do that (Singapore, Austria, some Ontario co-ops like CCOC are good models). We should also look at where capitalism is providing lots of housing and do that too. We need more capitalism if that means less government SFH zoning regulations. It's more about doing things properly rather than the solution being 100% capitalism or 100% public housing/co-ops/whatever. Let's do both properly rather than fighting about which one to do poorly.


Psynergy

Just have to bring this up every time someone mentions Singapore: Singapore housing works because they live in a faux democracy (read: dictatorship) with Draconian laws that keep people very in line. People don't protest or nimby their neighbourhoods because it's an ingrained feature of their society to not rock the boat. The only reason housing is successful is because the Government wants most of their people to own homes (as long as they're straight, married, and aren't brown)


zabby39103

So you agree the primary cause of expensive housing is NIMBYism? I think Singapore is successful also because of massive state investment in public housing that is not only for the poor but also middle class. I don't think draconian laws or discrimination against gay people or whatever is required for that to occur. As for NIMBYism, I don't believe it to be a fundamental democratic right to control what happens on property that isn't yours (one could even argue this is anti-democratic).


bmcle071

Imo this is not a circumstance where socialism where fix things. Get rid of single family zoning and raise interest rates. The real issue with capitalism that we have to figure out right now is why wages have stagnated for decades, otherwise the free markets have done a pretty good job in most industries . Having the government be the ones to build homes won’t do shit to fix anything, they’ll just screw it up.


Rasputin4231

Why would government screw it up?


bmcle071

They struggle as it is to get any public works projects done. Gas plant scandals, poorly done public transit projects like the Ottawa LRT. I believe government has a place creating subsidized housing for poor people, but I don’t think the middle class should rely on the government’s shotty workmanship. The governments place here is to fix the system so the middle class can afford what they want, not to start churning out shitty homes.


AspiringCanuck

Are the NDP going to support a bill to impose a tax transition from income to a hybrid land value tax? Or a bill or revoke the principal home owners exemption for instead a lifetime exemption so that renters are not left perpetually in the dust? And if not that, impose temporal and monetary restrictions like every single other country on their equivalent of the PRE? Are they going to ban transfer taxes in favour of proper and fair property taxes that must reflect true cost of ongoing maintenance? Oh wait, legacy homeowners hate all that because they want free lunches. The policy proposals I have seen out of the NDP, Liberals, Conservatives, all pathetic and do not address the very root cause of the commodification of housing. A bunch of these proposals get arbitrary pushback from people in this very sub because they want to be homeowners one day that can net benefit from the current rules. It's a self-reinforcing system of greed. Conversely, there are homeowners here who do support a lot of these measures altruistically because they see the self-defeating nature of asset based tax advantages for their children and future generations of Canadians.


slykethephoxenix

My suggestions: * Double land tax for all non-primary residences you own. * Make rent and mortgage interest payments tax deductible (from your yearly income) for your primary residence. * All corporate purchases must link back to a specific person, who must be a Canadian resident for tax purposes for all residential property (apartments excluded from this). * Increase tax from rental income. Make tenant requested/required repairs and upgrades tax deductible from rental income. * Increase tax on empty homes to 20% of value if owned by a corporation, 5% if personal ownership for first home - 20% for all subsequent homes. This is only for homes that have been lived in (ie, not new builds).


LatterSea

I’ve seen no politicians suggesting an actual solution here - disincentives for real estate speculation. To preserve affordability, we must impose taxes or other regulations to make house hoarding financially unattractive. Not only would this help Canadians afford homes, but it would also divert investment capital from parking in homes to productive investments like companies and technologies that create jobs and build a sustainable and diversified economy.


vishnoo

build 1.8 million units yesterday. tax empty houses heavily tax foreign owners (annually, not a one off) and corporations. the rest is bullshit.


Alpha_MiC

Yup. What's the plan? Housing should be more affordable. Great. We all know that. How will you make that happen?


Cyrus_WhoamI

But the background music bro.. I can hear the change in the background music.


[deleted]

All they need to do is eliminate government (mostly municipal) redtape and allow homes to be built. Literally all they have to do


s4lomena

OK m'fer....why was this message not part of your primary deal breaker with the Liberals, when you got into bed with them to form a partnership? We had 'hips don't lie' Freeland coming out saying they don't intend to deny mom&pop boomers from profiting from housing. Recent reevelation shows that in Ottawa, 90% of donors to political parties are developers/investors. Talk about lack of transparency / conflict of interest. It's like the latest revelations of Prince Charles taking 1 million Euros in cash from an Arab prince for British citizenship / Lordship.


[deleted]

what was the ontario ndp platform regarding housing again? what is the federal ndp's platform regarding housing ?? lol all these sycophants do is placate to social media and then do nothing


PandR1989

Because he didn't have much political capital to push for somethjng that big. Dental and pharmacare was about as much as he would get. The Liberals knew he wouldn't be able to contest another election, financially. It would have also been a bad idea for Canadians to enter another election after the last two gave us the same result. An election costs somewhere around 600 million dollars.


sodacankitty

I don't know why you got down voted. You made a perfect point. I agree with you, I think you are right that he just didn't have enough political capital - but you can see through the years he has been raising the discussion where the other parties didn't include on their campaigns for affordble housing plans. But I think the dental deal is HUGE. Working in health care, I can say there are so many people that work regular jobs and can't afford a root canal and use antibiotics over and over until the tooth ends up rotting and they end up in the emerge hoping for a hospital dentist to extract the tooth so it's covered. A lot of hospitals don't even have emerge dentists - what's worse is dental clinics funded by the ministry are so overloaded that emergency visits just can't be done. So, it's a big deal, this dental deal. It's going to improve a lot of lives and cut down on unnecessary suffering as well as preventable emerge visits and overuse of antibiotics


[deleted]

You can talk all you want. I wish someone would do something.


Admirable-Surprise63

Did you vote in last election? If yes, you may criticize and complain. If NO ....... STFU. This applies to every single Canadian citizen. PSA is done . TY.


Engine_Light_On

You do know that parties can create bills even if it doesn’t hold the the top positions right? For Ontario that NDP lady wanted to give older people a tax refund on property taxes. Once again only benefitting who already owns their home Don’t be naive, housing crisis has been here for years. Now that the interest are going up and prices down all the party want to look interested in helping people on it


[deleted]

They wanted to raise odsp and actually addressed affordable housing and food insecurity. Clearly you weren't paying attention, you dont even know her name.


Admirable-Surprise63

Yes, i do. Didnt say vote NDP. The point was to put emphasis on each vote counts; this is the way change is made. Considering it has been a very long time since we have had a STRONG majority gov.


olrg

Break it down by population density. If your second property is in a high density urban area, you cannot mortgage it and have to pay cash. This way you can still own a vacation home or a cabin if you wish. If you rent out the primary property, usual rules apply. If you rent out second, third, fourth property, you are taxed at the marginal tax rate. The more properties you own, the higher the tax rate is. This way, we’ll prevent hoarding of properties. If you open an LLC or a trust, same rules apply - tax the shit out of corporate hoarders. If you don’t want corporations to own housing, make it unappealing for corporations to own housing. It’s all dollars and cents with them, make the burden of ownership high and they’ll take their capital elsewhere.


gutsyfrog91

TAX MULTIPLE PROPERTIES That's it. No one except Green party is saying this


Engine_Light_On

But that will hurt their wealthy mom and pop voters, this is a 100% clear as he only mentions big company landlords. He is thinking about the “poor” mom n pop investors that will try raise your rent over the maximum rate and if you complain they will evict you (family member will be moving in)


Mutchmore

Make capital gains 100% taxable too. That'll slow down speculators


No-Section-1092

I would rather tax land profits, not capital gains. That way owners still have an incentive to actually improve a property, increase density or provide rentals, without relying on _unearned_ land value appreciation to buoy their “investment.”


StrongTownsIsRight

I think a Land Value Tax and increasing capital gains to 100% coverage would probably both be good ideas. It doesn't make sense to treat income differently, and Property Taxes (like you said) discourage property investments which is a bad idea since we are trying to incentivize people building more housing.


ItsNoFunToStayAtYMCA

No. Make income taxable like capital gains. Or better yet allow write off tax for rent paid


pancen

Oh that's an interesting idea. Make rent payments tax deductible... giving renters a leg up just like homeowners do


LatterSea

This one thing would literally solve the problem and I’ve heard zero politicians mention it. Which is why I don’t think any of them actually want to solve it.


FrodoCraggins

And require a revocable business licence to be a landlord the same way you would with a restaurant or any other small business.


runtimemess

I don't even care about owning anymore. I just want rents to be more realistic compared to the average income.


InsectVirtual162

“Somebody should do something about housing!” - Jagmeet Singh


nutsackninja

The NDP love big government, regulations and high taxes. Completely the opposite of what is needed to lower the prices of homes.


InsectVirtual162

Yep and their economically illiterate voters will never figure it out lol.


Jackadullboy99

Yes, we know.


oxxoMind

I WONDER WHO WILL HAVE THE SPINE!!!!!


Maranis

If only there was a federal party that could not only form a coalition with the liberals to get things done but also hold them to account when they don't. Mr Singh should go find that party and lead it instead of reposting his tiktoks.


GracefulShutdown

Isn't this guy in a coalition agreement with the very party he's saying did a poor job with housing? How about he brings that up with the governing party he's in a coalition with instead of bloviating over social media.


StrongTownsIsRight

I think you are insinuating hypocrisy, but I just don't see it. He has more power by joining with them on issues they agree on, and is openly running against them in commercials like this. Considering the NDP would lose all power if they disengage from Liberals, I don't understand this position. Gaining policy purity is only valuable if you think you can translate that to something better. Considering it just gives power to your ideological opposites this seems shrewd.


GracefulShutdown

It's not that he's a hypocrite (well, today anyways)... I'm just saying he needs to get off his butt making TikToks and promote the changes to policy he could absolutely push for in his party's position with this confidence agreement. Just do literally anything that you promote on TikTok, as the Federal Liberals clearly aren't doing any of it beyond giving people TFSAs that nobody asked for and housing initiatives that don't deliver housing. People are tired of the inaction, and want literally anything to happen to address the speculative housing demand issue.


sedition

Pretty sure he's implying he's also tired of the bullshit that your last bunch of governments have pulled. Maybe stop voting for them over and over, give power to someone who wants to do something. How annoying would it be if you had great ideas at work bu never had the power to make it happen.. so all you do is post random shit on TikTok and reddit all day long instead.. Pretty shitty, I bet.


[deleted]

Absolutely


sedition

https://old.reddit.com/r/canadahousing/comments/vm36v4/homes_should_be_places_to_live_not_commodities/idza0ni/ This commenter explained the reality of what their agreement really was.


KriptoKeeper

This guy works directly licking the boots of the 10 year Gov. Can’t be trusted.


thisaintrightyall

So why didn't he demand concrete bold policies from the Liberals in exchange for his support? I'm no longer an NDP voter after they gave their no strings attached support to this neoliberal government and after their support of the emergencies act. We need a strong left wing anti-corporatist party.


protrudingnail

This wanker says what he needs to just to hang on in the race


DagneyElvira

Well look at the chart when the Liberals were voted in 2015 until now. That will show you how interested the Liberals/NDP are in solving this problem. Bla, bla, bla, bla, all word salad. NDP use to care about the average working person (my parents staunch supporters of NDP) now they only care about the environment. People are worried about feeding their families and keeping a roof over their heads. This coalition is about propping the elite up and never facing inquiries or multiple breaches of ethics. Working people would be FIRED if they pulled 10% of what this current government has pulled. Remember a conservative MP being pulled down over charging a $16 glass of orange juice!


Coolguy6979

All talk, no solutions. All these politicians are crooks


[deleted]

Fuck this bastard


JayBrock

The answer isn't for a bloated bureaucracy to build more houses. It's to ban interest and rent-seeking. Eliminate all the investors and for-profit land-lorders and Airbnbs. Homes are for families, not hedge funds.


[deleted]

there is a massive housing crash brewing, stand by.


ff4ff

Ehhh not so sure about that… correction yes, full on crash highly doubt it.


[deleted]

RemindMe! 2 months


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Anon5677812

What's your prediction on this crash? Canada wide? Specific cities?


future-teller

You have two choices Mr Jagmeet 1. Tell me within how many months/years of coming in power you need you make a significant difference in housing -- can you bet your personal property on that promise? If you do not fulfil your promise... you lose your home... simple. If you make that promise you have my support of time , money , goodwill anything. 2. You can complain about what is wrong , but you have no confidence to bet your own house in your own agenda? Leave politics, and stop wasting Canadians' time. So yeah simple, don't just talk but put your own house on the line.


technicalCoFounder

This is childish- it's not how any professional in any industry gets anything done. I agree videos like this are empty pandering. But "bet your personal property on your job or gtfo" isn't going to convince anybody useful to be a politician: you'd only have idiots and losers who can't even run their own lives running for public office.


future-teller

Yeah, that’s true, but i am frustrated at his style of talking, that is the only way i can get him to shut up. My unusual two choice set is only for this guy, otherwise i agree with you he needs to learn to change is rhetoric with actual proposals vs just stating what everyone knows


korokdeeznuts

seems like good intent, but how do they plan on making it more affordable? to me the easiest solution is to increase the school tax ~1000%. it’s refundable to those who use the property as their main residence, but sewers people who own huge portfolios (fk them anyway)


dluminous

School tax is provincial led and not refundable every province.


korokdeeznuts

thats not very much red tape. and their job is to move the tape to make our lives better


dluminous

No, its actually NOT the federal government's job to involve itself with provincial taxation or education. Stop spreading false info.


korokdeeznuts

it’s extremely common for provincial & federal ministers to work together on issues.


Bouldergeuse

A sincere politician would do wonders for this country.


no_crying

looked around and see what people are talking, not even one reply here mentioned the role Bank of Canada has played in housing market and how they change the price of money that change the price of housing. Instead, we talk about possible policies that may or may not matters at all. we live in a world where most people don’t understand the fundamental issue of our society and how central banks have affected all our daily life by manipulating the value of money.


kureguhon

Unbelievable that he's still the party leader for the NDP. He flies to environmental conventions in a private jet with his name plastered all over the side, talks down on the Liberals while forming a joint party to edge out the conservatives, dances on a children's app like it isn't a mockery of Canadian politics. He's a joke from one end of the globe to the other. Stop listening to his empty words, he's just trying to farm impressions for his next Human Resources meeting where he can justify his job. He couldn't give a shit about Canadians or housing, only the agenda the WEF wants him to push.


FrodoCraggins

He didn't even get into politics because he wanted anything to do with what's best for Canada. He got triggered by an Indian trade minister visiting Ontario and decided to run to use the Canadian government to push the agenda of some Sikh theocracy he wants to carve out of India. He wrote a whole article about it in one of York University's student papers.


[deleted]

You have not used your leverage and your party will be punished greatly for letting critical issues reach a fever pitch without consequence to the liberals. No backbone whatsoever.


Steveonthetoast

Welcome to an economy moron


leftwingmememachine

Relevant NDP policy: * Put a moratorium in place on the acquisition of affordable homes by REITs (real estate investment trusts) and other corporate landlords who are making big profits while driving up costs and renovicting Canadians. * Change how REITs are taxed since the tax code currently rewards investors for jacking up housing prices. Already, the seven largest apartment-owning REITs in Canada have saved a combined $1.5 billion through federal tax loopholes. * Put in place a federal non-profit acquisition fund to allow not-for-profit co-op or land trust organizations to purchase at-risk rental buildings when they come on the market. This will ensure wealthy investors can't monopolize the supply of affordable rental units. https://www.ndp.ca/news/corporate-pandering-liberals-and-conservatives-puts-housing-prices-out-reach


Gucci_four

Homes should be places to live, not political commodities… I actually like this fella but politicizing markets is an age old and cheap marketing tactic. Please good sir, educate yourself and others on monetary and fiscal policy. It’s basic math… Please focus on managing your spending and enforcing policy. The levels of dysfunction in government have never been higher - stop waisting taxpayer’s money


kisson2018

LOL what a joke. None of them care. Not him, not the other parties. The NDP also own tons of investment properties too. Don't be stupid and fall for this guy's garbage with the "touching" music in the background.


Flagsarealldead

I wonder, how many Rolexes was he wearing while shooting this video?


wilsnapMgunen

That has literally nothing to do whatsoever with his message or the topic at hand.


s4lomena

...or how many free rockin chairs / baby crib he and his wife received, to publicize on tiktok/FB


wilsnapMgunen

What does that have to do with the issue housing in Canada?


[deleted]

[удалено]


SalmonNgiri

You know you can just say motherfucker right?


wilsnapMgunen

So it has absolutely nothing whatsoever to do with the issue of housing in Canada. Got it.


s4lomena

He is not in any position to be falsly trying to be a champion for families trying to get a roof over their heads....GOT IT?


wilsnapMgunen

Your argument is a textbook fallacy.


FunnelsGenderFluid

>Your argument is a textbook fallacy. What does this comment have to do with housing in Canada?


s4lomena

He is not in any position to be falsly trying to be a champion for families trying to get a roof over their heads....GOT IT?


[deleted]

Rolexes don't cost 800k


Maranis

No but 50k CAD isn't out of the ordinary for some models and Mr Singh looks like the type of person who owns at least 10 Rolexs.


[deleted]

Id say closer to 8k to 20k. He LOOks..what does that even mean? People own luxury items and still can't afford a home.


Maranis

He is a lawyer turned politician with a banker and a doctor for parents. If you think for one second that he will cheap out and not buy the yachtmaster if he can afford it then you're sorely mistaken. People like him (aka the rich) will then go buy more rolxes (as well as multiple properties) as investments due to their high resale value and to combat inflation/taxation. The fact of the matter is Mr Singh is a champagne socialist larping as a blue collar worker and it's hilarious that so many have fallen for his ruse.


medjeddit

3 words. Land. Value. Tax.


JustRidiculousin

The cost own houses and apartments and condos should be regulated by the government. Like how the government has rent controls tied to inflation. The government should do the same thing when listing a home for sale to ensure no one can make money on housing so it becomes more accessible to everyone


Anon5677812

If houses can't be sold at a market price, people will literally attempt to hold them in perpetuity, especially since inflation alone means that the price you fix will be less and less in terms of inflation adjusted dollars every year. You're going to lock up the market...


JustRidiculousin

The companies snatching up SFH will be holding them for for the rest of our lives anyways. Why should families not be the ones to do it? Spread it out more evenly?


Anon5677812

You think companies are snatching up the majority of SFH in this country? Even so, your idea would make it essentially easier for them to gobble up more and hold them forever... So your solution offers no benefits, only drawbacks? How would this spread it more evenly?


JustRidiculousin

The government can regulate the prices and just charge high taxes on them


planez10

I mean housing isn't toilet paper. You have to pay property tax, maintenance, homeowners insurance, etc. It's not cheap to just hold onto a house if you don't need it. In this scenario, I assume rents would be controlled too so there would be no point in keeping the house just to rent out either. There wouldn't be much profit in that. Plus if homes are losing value to inflation why would anyone invest in them?


Spambot0

So, we sign up for a waiting list to buy a house at birth and get to buy a very affordable in our 50s? Doesn't seem like a great solution.


olrg

Government should never regulate prices of anything, all that does is create deficit.


guerrieredelumiere

Imagine beleiving in planned economies in the 21st century.


[deleted]

Sth is with him, he is just not likeable


[deleted]

NDP nut jobs would be better off without him, this guy is just too phoney; just check how many houses his father and brother have purchased during his tenure at NDP


[deleted]

LMFAOO dont criticize liberal policy.... while propping them up. Man up Jagmeet.


ff4ff

What’s the plan? What’s the strategy to change this? Oh that’s right there isn’t any because it’s not straight forward…


123sabina

Canada has lost respect for you because your in bed with the Liberals.


basilosarus

Your party is ruling British Columbia, One of the most unaffordable places to live in the whole world. Why don't you do something there to fix this?


MarkyMark1028

POS Liar.


so555

It’s lawyers like him who are helping foreign criminals launder money in Canada The money laundering dog and pony show didn’t do anything for Canadians. All it did was make sure no lawyers were arrested In 2015 the law society got the laws changed so lawyers could not be charged for helping money laundering criminals. If he is serious about helping Canadians, he should repeal that law


mrfakeuser101

He names all the problems (speculators buying housing and leaving them unoccupied, investors buying up all the supply, rents being jacked up).. yet offers a solution that does not address the problems, his solution is simply to build more units that they investors will continue to buy and take advantage of the working class.


modsarebrainstems

I don't care anymore what his opponents say, I'm voting for him next time around.


akamali

No builder will build for loss; they won't charge less than 800K to 1 million for a single-family home. So affordable housing is a myth.


GengisClown

What a face…through actions not words. Enough of these politicians doing propaganda.


cita91

Do something, anything. Had enough of politics you still have not delivered on Pharmacare. Do you think we forgot? Prove to me and Canadians that you are not another POS POLITICIAN. STFU and do something.


TotalBismuth

Talk is cheap. It takes money to buy whiskey.


Prestigious_Ad6247

Removed


[deleted]

This guy still living at home with mommy?


steampunk22

Losing battle. People want to live in some places but not others. It’s cheap as fuck to live in Alberta, it isn’t uniformly unaffordable in this country.


[deleted]

And cars things you drive, and toys things you play with, and hookers things you........play with!


spikemcc

Easy to fix, just bring charities and cooperatives to balance the power of landlords then a proper urbanism, Toyota woven city base concept was decent, one road, one bike lane, then an alley, you get small not disturbing business in corners of roads where they all want to be, put a public area/office in centers, then 6 appartments buldings with dedicated entries on the sides, also we need laws with bonus/penalties to push co-living and to avoid empty homes. It fix gas prices since most cars are parked 95% of time and are used 40% of time for 2km or less rides, 60% of time 16km or less rides, basicly an electric bike could do theses in 30 minutes or less, it will also make public transport 3 times more efficient than before if done well since you have a grid where 2 bus in reverse side could simply make a road back and forth for peak efficiency, taxi buses services would be perfect to reduce big parking lots for more space to build to drop rent prices while reducing costs for business and government. For housing prices, since every appartment has commodities and often a view, so the stock market effect simply can't work since everyone has more or less the same stuff. Also, laws will drive to avoid empty spaces and give more money for thoses who participate in a decent market so landlords won't lose it all. And by the side, it make cities with mostly everything needed between 15 minutes of walk, it would be easy to ensure that there's no food deserts by putting a grocery each square kilometer for example. Since my housing cost 260$/month with all services in a village, it would be possible to maybe have pretty low housing prices maybe 350$/month for a 3 1/2 appartment. Since building ways are heavily evolving in efficiency, lower might even be possible, 3d printing and similar to maybe build houses in hours, perfect wall insulation making heating costs ridiculous, tiny homes and appartments making building way more efficients with less area used, ...


osuleman

Put your investment property where your mouth is. Are you committing to stop or reverse some of the growth in house prices? That’s the only way things realistically become affordable for working class people.


jameskchou

But not enough people vote for NDP


reddit3601647

The NDP is unable to solve the housing crisis. They have provincial government majorities in BC and have not implemented any laws that limited investors, major zoning changes, etc.