With residential permits down 14.6% year-over-year, questions mount over the Liberal government’s ability to meet its ambitious housing targets under Prime Minister Mark Carney.
With the current cost of residential construction running at around $600/sf, and real earnings at an all-time low, with inflation at an all-time high despite the gaslighters telling us prices are coming down, it's no surprise that construction permits are down. And who can afford to buy in the current market, where a 3-Bed 1 bath single family home is upwards of $650,000 depending on where it is located. Who can afford that?
Problem also those that cheered the immigrants were going back or not coming at all, don’t buy houses. Two million Canadians left Canada and trust me many more are going to leave. And these were not just Tim Hortons workers but people with good degrees. The US is enjoying many well educated Canadians working down south, where taxes are much lower, houses much cheaper, and their dollar goes much farther. You can’t afford housing in Canada because the regulations are over the top, and spare me Carney saying he’s going to reduce them. Never met a politician, especially the Liberals who don’t love you having to jump thru hoops to buy a bubble gum. My sons work in the trades, have for many years and they have seen it take longer and longer to get permits, because nothing takes longer than trying to motivate a city worker to do their job. Then you wait months sometimes to get it inspected. That’s if you can organize the other trades, which they are short of to begin with, to get over to the house and do their part. And that’s a family home, the time it takes to build these monstrosity apartment buildings or condos, China can accomplish is 1/4 the time.They built a pipeline to Africa in two years, while Canada took twelve years, was cost overrun, the same amount some cities budget are. They built a promise of building all these factories and filling them with skilled Labour is laughable. With what, printed money, Incase the Liberals haven’t looked their bank accounts are redder than rudolf nose. When demand goes up, common sense prices go up. When demand is down, like it is now, prices drop. You can’t give condos away in greater Toronto and Vancouver. Folks are losing their jobs, when mortgage payments are missed that house will be for sale. Many are renting out basements, or even the second floor to meet those payments. Inflation is going up despite the bs the government says. How would any of them know how you or I have to watch our pennies to eat , they make ridiculous amount of money to destroy our country, we’re paying them to destroy our kids futures. Anyone who believes we have a housing shortage is not following reports by real estate agents, and who would know the housing market more than them. Most are not talking about a slow down in housing but more like the Oilers last game, a disaster. Condos have tanked, people who bought their house a few years ago, with the housing feeding frenzy over ridiculous low interest rates, are selling some for 40% less than they paid for. Some are just walking away like in the 80s. Why is it and how have we learned nothing from history. Those that already went thru this in the last recession know this isn’t an easy fix, nor will it be months but years to right this ship. And you expect the Liberals, who announced the budget will balance itself will. Well dream on, it took many years to recover from the last boondoggle and Canadas finances were far better than they are. But have no fear, granny or your newly married kids can enjoy the freight containers Carney will make thousands of.
Would any sane Canadian expect anything less from Carney / Trudeau / Liberals, I sure do not, a interesting fact, between Pierre Trudeau / Justin Trudeau with almost a quarter of century of Trudeau governess between the two of them they have almost destroyed Canada, Carney has been brought in to finish the job, Carney to bring Canada to its knees, maybe Canadians are down for the 10 count, but we not out of it yet, one of my favourite quotes is by Yogi Berra “ it is not over until it is over “ add a little Winston Church into it “ we have only begun to fight “ knowledge is power, power is knowledge that’s my my own quote, as Canadians, let’s figure out how to get rid of Carney / Trudeau / Liberals and the BIS, good riddance to bad rubbish, wait until the people who really run the Liberals figure out that Carney is no better than Trudeau, has no credibility like Trudeau with Canadians, will be interesting to see what they try to come up with next, this buys time for Canadians to read the book by Sun Tzu “ The Art of War “ and we are at war with our own government.
ANYONE who believes what Carney's clowns say they're going to do to BENEFIT us think the opposite. Crime's UP. Addiction's UP. Unaffordable EVERYTHING'S UP. Time's UP - for us if something DRASTIC doesn't happen to get this government's mindset adjusted to DEAL with these problems before everything escalates and we head into a summer of civil unrest. Oh, wait, I forgot, THAT'S WHAT THE WEF WANT! Apparently, the LA protests/riots are being funded by the DEM'S and NGO's = paid protesters. Not surprised.
The Cons would not do any better because of their focus lies elsewhere.
Let’s not forget that Poilievre voted no on all of the progressive bills over the past 10 years and you know it.
This is the same Harper playbook. Make people retire later, drag your feet on universal healthcare, pander to the oil industry and the gun lobby, tax cuts for big business and the rich.
With the current cost of residential construction running at around $600/sf, and real earnings at an all-time low, with inflation at an all-time high despite the gaslighters telling us prices are coming down, it's no surprise that construction permits are down. And who can afford to buy in the current market, where a 3-Bed 1 bath single family home is upwards of $650,000 depending on where it is located. Who can afford that?
Problem also those that cheered the immigrants were going back or not coming at all, don’t buy houses. Two million Canadians left Canada and trust me many more are going to leave. And these were not just Tim Hortons workers but people with good degrees. The US is enjoying many well educated Canadians working down south, where taxes are much lower, houses much cheaper, and their dollar goes much farther. You can’t afford housing in Canada because the regulations are over the top, and spare me Carney saying he’s going to reduce them. Never met a politician, especially the Liberals who don’t love you having to jump thru hoops to buy a bubble gum. My sons work in the trades, have for many years and they have seen it take longer and longer to get permits, because nothing takes longer than trying to motivate a city worker to do their job. Then you wait months sometimes to get it inspected. That’s if you can organize the other trades, which they are short of to begin with, to get over to the house and do their part. And that’s a family home, the time it takes to build these monstrosity apartment buildings or condos, China can accomplish is 1/4 the time.They built a pipeline to Africa in two years, while Canada took twelve years, was cost overrun, the same amount some cities budget are. They built a promise of building all these factories and filling them with skilled Labour is laughable. With what, printed money, Incase the Liberals haven’t looked their bank accounts are redder than rudolf nose. When demand goes up, common sense prices go up. When demand is down, like it is now, prices drop. You can’t give condos away in greater Toronto and Vancouver. Folks are losing their jobs, when mortgage payments are missed that house will be for sale. Many are renting out basements, or even the second floor to meet those payments. Inflation is going up despite the bs the government says. How would any of them know how you or I have to watch our pennies to eat , they make ridiculous amount of money to destroy our country, we’re paying them to destroy our kids futures. Anyone who believes we have a housing shortage is not following reports by real estate agents, and who would know the housing market more than them. Most are not talking about a slow down in housing but more like the Oilers last game, a disaster. Condos have tanked, people who bought their house a few years ago, with the housing feeding frenzy over ridiculous low interest rates, are selling some for 40% less than they paid for. Some are just walking away like in the 80s. Why is it and how have we learned nothing from history. Those that already went thru this in the last recession know this isn’t an easy fix, nor will it be months but years to right this ship. And you expect the Liberals, who announced the budget will balance itself will. Well dream on, it took many years to recover from the last boondoggle and Canadas finances were far better than they are. But have no fear, granny or your newly married kids can enjoy the freight containers Carney will make thousands of.
I foresee the only “nation building” will be through Brookfield Residential as each province will agree that housing is desperately needed! 😡
Would any sane Canadian expect anything less from Carney / Trudeau / Liberals, I sure do not, a interesting fact, between Pierre Trudeau / Justin Trudeau with almost a quarter of century of Trudeau governess between the two of them they have almost destroyed Canada, Carney has been brought in to finish the job, Carney to bring Canada to its knees, maybe Canadians are down for the 10 count, but we not out of it yet, one of my favourite quotes is by Yogi Berra “ it is not over until it is over “ add a little Winston Church into it “ we have only begun to fight “ knowledge is power, power is knowledge that’s my my own quote, as Canadians, let’s figure out how to get rid of Carney / Trudeau / Liberals and the BIS, good riddance to bad rubbish, wait until the people who really run the Liberals figure out that Carney is no better than Trudeau, has no credibility like Trudeau with Canadians, will be interesting to see what they try to come up with next, this buys time for Canadians to read the book by Sun Tzu “ The Art of War “ and we are at war with our own government.
ANYONE who believes what Carney's clowns say they're going to do to BENEFIT us think the opposite. Crime's UP. Addiction's UP. Unaffordable EVERYTHING'S UP. Time's UP - for us if something DRASTIC doesn't happen to get this government's mindset adjusted to DEAL with these problems before everything escalates and we head into a summer of civil unrest. Oh, wait, I forgot, THAT'S WHAT THE WEF WANT! Apparently, the LA protests/riots are being funded by the DEM'S and NGO's = paid protesters. Not surprised.
Horrible! Another 4 years of nothing getting done and Canadians getting poorer.
Trash talk. That’s all you have.
The Cons would not do any better because of their focus lies elsewhere.
Let’s not forget that Poilievre voted no on all of the progressive bills over the past 10 years and you know it.
This is the same Harper playbook. Make people retire later, drag your feet on universal healthcare, pander to the oil industry and the gun lobby, tax cuts for big business and the rich.
Any Multi-biliion $ government program will become a scandal. But what does it matter anymore?
It's strange but anyone I talk to says they didn't vote liberal.
Carney doesn’t know what he’s doing he just is the wrong man for the job.,