The “how” is relatively simple: build more housing, and stop letting people buy it if they aren’t going to live in it.
The hard part isn’t knowing what to do, it’s finding the political will to do it. There’s a whole lot of people highly motivated to keep the bubble going as long as possible.
Canada… You better pop that motherfucker
It doesn’t work that way.
Housing is a rich-person’s game now. Any time there is a decent deal, you’d better believe some company is going to snatch it up before you do.
Investment companies have slowed down purchases of housing by 45% in the US . It can happen in Canada to
how
The “how” is relatively simple: build more housing, and stop letting people buy it if they aren’t going to live in it.
The hard part isn’t knowing what to do, it’s finding the political will to do it. There’s a whole lot of people highly motivated to keep the bubble going as long as possible.
Same way you pop a zit.
Squeeze it.