Canada

It’s kind of like when you work at a place where nobody actually knows how to get work done, so you have meetings and off sites to talk about the problem and the miracle solutions but nobody knows how to not takes that first step on the path to doing something.

I don’t blame housing entirely on the liberals, most western countries are also in an affordability crisis, but ours is the worst. We should have tightened interest rates in 2017-2019, we should not have focused on policies that simply give first time buyers more money thinking the problem was we needed to give them a step up.

The problem is and always has been supply, and they have not acknowledged or addressed that still. Rate hikes are killing new developments so unless the government steps in and does the building or backstops the housing developers, this is only getting worse.