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HOUSING CRISIS FOR YEARS-- MORE IMMIGRANTS , MORE DEMAND FOR HOUSING IN TURN RISES THE PRICES OF THOSE HOPING TO RENT OR BUY. INSTEAD OF PUTTING HOUSING FIRST , THEY PUT MASS IMMIIGRATION FIRST.

I am from Hong Kong and came to BC as a grade 10 international student until university graduation. I now work in a large firm in Vancouver. This marks my 14th year in Vancouver, and I am contemplating returning to Hong Kong. Despite the challenging political environment, my primary concern lies in the cost of living.\n\nThe high tax rate and soaring living expenses keep my savings minimal. I completely agree with the analogy you drew regarding working as a flight attendant. Even an entry-level position in my hometown would yield higher earnings than a mid-level position in Vancouver.\n\nContrary to the misconception about Canada's excellent health benefits, go google and you will see people suffered due to prolonged waits for doctors and medications.\n\nThe housing crisis in Vancouver is alarming, exacerbated by the lack of immigrant volume control from the Canadian Government. There was no concrete housing plan in place before welcoming more people into the country.\n\nI can’t tell if this is a Liberal party or Canadian government issue, but someone needs to step up and initiate change. Without intervention, Canada's situation could deteriorate further

Jugaux in Canada is for ppl who belong there. U will not get anything easy. Canadians will not allow it. It’s their country.\nCanada is not a country to go to if you have options in life. If u have a semi decent life in india please ever go to Canada . Useless place .\nFood is bad , horrible education medical is low standards. Discrimination to the max. U think they will accept u if u speak Canadian English???? ? they will hate u more if u speak their slang. Drugs are guaranteed for kids unless u r very wealthy.\nThey valued kids life cuz they will drug them, screw the kids and use them.\nDrugs are legal even cocaine. Prostitution is legal. Housing crisis is rampant. Bisexuality is legal. Transgendered cult is Morse powerful n prominent. What type of future can u expect?

Canada need educated blue collar workers, only idiots are choosing Canada. Worse health care system, worse housing crisis. Pathetic system.

No wonder we have a housing affordability crisis in Canada. Greed!

As someone who moved Canada 3.5 years ago, I agree with all the reasons mentioned. There are many things government could have done better to fight against the inflation, housing crisis, high cost of living and rise in crime and homelessness. I don't even want to mention about the taxes. Like I am almost giving half of my salary to the government yet they are still taking %13 more on what we spend on, yet I've never seen a single place where that money was used to address any of these problems. One of the reasons I moved to Canada was to have a better life style, more buying power and better future for my future kids. But at this point I feel like I am living in a zombie land. High skilled workers will have some other opportunities elsewhere but refugees and low skilled workers will be stuck in Canada and it will get only worse with the current policies.

I live in NYC, and have been to Canada at least four times, but the last time I was there was quite some time ago. I always had a good thought about Canada, because it seems like some of the problems we have in this city, Canada also has in some way. Right now the city is a complete mess; at post pandemic and with a bit of a recession and a noticeable increase in groceries to basic things like cat food and tissues. That's not the biggest problem, it really is the legislation or lack of for people who not care for themselves. Those homeless people are almost not helpable and I don't feel threatened by them, but other people definitely do. The way the government has handled these undocumented migrants is a complete disaster and couldn't have come at a worse time. We have a serious housing crisis as well, and people can end up paying for high rent, for not the best places, but they want to live in a certain location. The migrants are coming in at about 60k in the last two weeks. You see mothers with little kids or babies selling candy all over the trains and it's becoming too much. Many see it as a form of child abuse or exploitation and we do not respect it at all. I think they feel we are weak and will just pay double for something we don't need. At one station today I must have be approached 3 times and interrupted 2 times while using my phone. It's just too much and we already have a lot of immigrants here, so I'm not sure where these people believe they will find any meaningful employment and the cold is coming. I wasn't born here, but came legally as an infant. I think the border situation is a disaster and it's obvious to a lot of people that the government lets things happen that will definitely effect citizens in the next couple of decades. The city is crowded enough and I do not know where this is all going, people do not want undocumented migrants house a few hundred feet from a childrens school. I just don't understand how they let this happen....I guess this is how Biden does things and all the groups that cheered buses pulling in when it first started are dwindling down....they just want them passed on to someone elses responsibility, but wouldn't want them as neighborhors necessarily. It's a lot of hypocrisy here. Canada seems better in some places, and the same in others.

The housing crisis is mainly an issue in the biggest cities. Small towns are more affordable but you have to create your own job to live there. The biggest issue in Canada is the collapse of the medical system. It is a state monopoly and has basically crashed and burned.

Great Decision!! Literally the Job market and housing crisis is the worst here. Like our generation won't be able to afford a proper 3BHK house in Toronto. Like a 2,000 square feet small house is around $1.5 to $2 million. Even with a $50k to $100k stable jobs will force you to stay at your mom's basement. Every month you must pay car insurance is $600 the least.

Honestly, most problems in Western countries can easily be solved simply by curbing immigration at this point! Housing crisis in California is similar to housing crisis in Canada, and what’s the cause?? Immigrations and foreign investors. The Chinese people have been buying tons of properties in California to the point that they have priced out all the locals.

New immigration targets tomorrow? 450,000 wasn't enough, now its 485K and a housing crisis and record rents, 2025 can't come quick enough.

Yikes...Canada is inflated with immigrants...legislation needs to keep up with labor demand and the voters properly so this doesnt spill over horribly considering the pending housing crisis incoming

Housing crisis is manufactured. The problem is not of cities not growing, they are, but the real issue is that the places between the cities such as in central Canada are vastly undeveloped. Why crowd out existing cities when entire new ones could be created? It's really a management issue. As for other things it's way too risky to be a small business. Everything is overly taxed on every level. Money was worth nothing for the last ten years so demand for housing went up. Owners won't rent because the laws are on the tenants side. Crime is up because nobody feels secure in their futures. Inflation needs to be pulled to zero so that some stability can be established, the debt and deficits need to be eliminated.

Excellent video. I am a 29 years old Canadian with high education. I make 125K/year and yet after 2-3 years of looking actively I still can't manage to buy a house near the city as a first time buyer. I made many offers but lost every time. The demand is so high and the offer so low that many people bid way above the asking price even though the prices are sky high. Most of those people sold their previous house for a lot more than they bought it many years ago and therefore, are able to do so. First time buyers like myself don't have this advantage and the ones with lower salaries might never have the chance to have a house except if they move far from the city. Our government does not slow down on immigration because there is a labor shortage due to the older generation retiring but they don't build enough houses and allowed foreign investors for too long which results in the housing crisis we are currently in. My father bought a decent house near the city for the equivalent of 2 years of his gross salary at the time... Now the equivalent is more than 4-5 times my gross salary even though I make more than him at the time (taking inflation into account). Our healthcare and education systems are falling apart as well. Both are currently on strike in the province I live in due to terrible work conditions and salaries from our government. The cost of living has increased considerably in the last few years as well, especially the food even though the companies are making record net profits this year. Yeah... Canada is not doing well right now.

Australia is suffering the same housing crisis. Land-banking by foreign investors is common in Australia. This and other government polices is making housing unaffordable.

Same situation in Australia with a housing crisis because 70% of the country is uninhabitable ?

I have to disagree with some of the things mentioned in the video. 1. My home in Hong ‘Kong @ 500 sq feet costs the same as a townhouse in Stouffville Ont. that’s probably 1;500;sq ft not including basement; garage & front lawn. How’s that world’s worst housing crisis. Isn’t San Francisco much worse?. 2. Rich people who own housing or properties need to pay capital gain taxes or other taxes if vacant. Rich ppl would rather hide cash in shell companies/ offshore investments 3. lululemon is a Canadian company that’s known internationally and super successful worldwide 4. Americans need to pay for their own healthcare while Canada is completely free for all residents and citizens. It’s not the best but at least Canadians know where some of the tax money goes to

We need Pierre! He's the only one with a comprehensive plan to address the housing crisis by forcing municipal politicians to change zoning laws so they can build more houses

Mass immigration caused the housing crisis and job crisis lmao

As a European who lived for 3 years in Canada, I have to say that Canadians - as much as I love them - are very entitled. They live in a bubble and don't realise how good they have it. \n\nTheir country is beautiful, the lifestyle is phenomenal even if you aren't rich. A lot of things they complain about like rising house prices, food costs, and political divide is literally happening everywhere - I'm really not sure why they think only Canada is struggling with this right now. Perhaps because on their strong currency they can go and live like Kings in somewhere like Portugal or Bali, but then they don't realise that they are bringing over the cost of living crisis and making things harder for locals when they do that. \n\nThey want things to be perfect, which isn't something to discourage but they don't realise how much harder life is like in most other countries on the planet. The only ones who appreciated it were the people who had lived for a few years in the UK or Paris or Australia, or somewhere else they imagined that life was easier and then ended up actually miserable and actually struggling - and then soon fly back to Canada. I have to say though I do love the sense of always wanting things to be better, whilst in Europe we tend to accept having less, less options and struggle to the extent that we don't even see it as struggle.

Australia is a very similar situation to modern Canada except we are 2 years ahead in housing crisis and inflation. Canada better watch out cause Australia is in trouble

I agree about cash grabs. I own a house with a basement apartment, I didn't put it in, the previous owner from 20 years ago did. I recently got a new tenant and had it listed online, once I acknowledged it had been rented, Zolo called the city on me. I have to get the basement registered or evict my tenant or pay $25,000 for disobeying the bylaws. I decided to get the basement registered and they are telling me that I don't have 50 % Landscaping so I have to pay $800 to apply for an exception ( even after paying the fee I could still be denied, that's just a fee for the application)\n\nNo one within 30 square km of my house has 50% landscaping, that's not how the neighborhoods were designed. It's a cash grab. After paying the $800 I still have to go through the process to register the basement which is going to cost me another $1,000 plus whatever changes they ask me to make.\n\nWe are in an affordable housing crisis and this is the bs that I'm going through just trying to rent my basement. I'm not a slumlord nor do I overcharge for rent, the system is grossly unfair

This is actually just capitalism. The more monopolies, the greater the income inequality, and the more broken your country becomes.\n\nWhen mentioning the housing crisis, it's important to remember that it goes along with a massive homelessness problem. And a very large percentage of the homeless population are people with untreated mental health disorders, because there's no effective mental healthcare in Canada and it's almost impossible to get disability for a mental health disorder.\n\nMany people don't have health insurance, and if you don't have health insurance, you can't afford medication, which is incredibly expensive. Which means your disability increases. It's extremely hard to get a family doctor (I was on a waiting list for 3 years before I finally got a call, and I've been trying to get an appointment with a specialist for over a year now). The hospitals are telling people to stay away unless your situation is dire. The food banks are turning people away because they're running out of food.\n\nAs far as I can tell, the government no longer cares about anyone who isn't wealthy.

A lot of these are rich country problems. Which is why we get such a huge number of immigrants from developing countries. Ans almost none from developing ones. Only about 10,000 a year from the USA compared to over 300,000 a year from developing ones. But while I returned to Canada before I retired to care for my elderly mother, I had been approved for a green card in the USA. I lived in LA for 10 years. But my very low out of pocket cost of medical care still makes Canada attractive to me. \n\nBut my kid who was 13 when I moved to the USA, stayed there when I returned to Canada. They have had a green card for 11 years and is soon to become a US citizen. They and their spouse would like to move to Canada but simply cannot make anything like a similar net income in Canada. \n\nBut the housing crisis here is very real for many people.

I’ve heard Indians are taking all the jobs and contributing to the housing crisis. Is it true?

Australia is almost a carbon copy of its Commonwealth brother. Mineral and resource rich, a bloated and over valued housing sector, record immigration and downward pressure on real wages have all led to making it increasingly difficult to get by. \nSydney and Melbourne are both in the top 10 most expensive residential real estate markets in the world. Governments have a vested interest in making real estate high and unaffordable and this has now led to a rental crisis which is leading to homelessness and people living in cars.

What are you talking about?! This is so devoid of any and all facts, it's literally laughable. We have a housing crisis because too many people want to move here. DEMAND is WAAAAY up, thats why the housing is expensive (see how that works?). We have been ranked second best country to live in, only beaten by Sweden. We are the 24th most ecpensive place to live (not exactly on top). This guy needs to learn how to research. Wow. Dude, I think it's time to go back to school.

0:28: ?? Many Canadians feel deeply pessimistic about the economic situation and quality of life in Canada, despite its reputation for safety and prosperity.\n0:56: BetterHelp, a platform connecting individuals with licensed therapists, was mentioned as a potential solution for those seeking therapy.\n3:46: ? Canada is facing a housing crisis with skyrocketing home prices and unaffordable rent, making property ownership out of reach for most people.\n4:14: In Toronto, the average resident spends 120% of their income on rent, and in Vancouver, a minimum income of $250,000 is needed to qualify for a mortgage.\n4:35: Canada now has the highest household debt-to-income ratio in the world, making property ownership only possible for those with exceptionally high income.\n7:12: ? Canada's overprotectiveness has led to a lack of competition, resulting in monopolies and limited global success for Canadian corporations.\n7:59: Canada's wealth is based on exporting commodities, leading to limited global success for Canadian corporations.\nRecapped using Tammy AI

I am Canadian, born and raised in Canada. I strongly feel the problem with this country is woke liberal policies. Which don't work and has eroded the quality of life in Canada. The Liberal party of Canada is no more, they have taken a radical swing to the woke left and are now more Marxist leaning which in my opinion broke Canada. The Canadian government is led by a prime minister who is grossly on qualified for the job of Prime Minister and who's policies are solely responsible for the housing crisis, Food inflation, and deficit spending causing inflation. I feel it will take decades to on do the damage these woke policies have inflicted on Canada.

Currently, annual immigration in Canada amounts to around 500,000 new immigrants – one of the highest rates per population of any country in the world. As of 2022, there were more than eight million immigrants with permanent residence living in Canada - roughly 20 percent of the total Canadian population. Where is the data coming from that no one wants to live in Canada anymore?\n\nCanadians love to complain. Yes, there is crime, homelessness, drug use, extreme weather, housing crisis... but that's not isolated to Canada. Obviously there are ways to improve, but I wonder which other country would Canadians like to live in instead? Also, Canada is not just Vancouver and Toronto... Canadians are spoiled with the ability to easily move to lower cost of living areas in the same country. Imagine living in Singapore where and entire country is expensive and a Toyota Prius costs more than $100k, or Hong Kong where the real estate prices make Vancouver seem cheap... but people can't move away.

I was interested in leaving my country (Ireland), because of our housing crisis, and a growing disillusion with my government for prioritising housing everyone but the hardworking saps. I was considering Canada, until I researched it. Seems like we're in similar situations.

Several factors played a role in the housing crisis. Governments stopped building new affordable homes long time ago. Many rental apartments have been converted into condominiums. And the ones still in the market have seen ownership consolidation over the last decade. Many existing condominium/house renters have chosen short term Airbnb over long term renters. A not-so-insignificant percentage of home/condominium buyers choose not to rent or live in properties they buy. They hold them like commodities such as gold and silver. On top of all these, you have mass immigration over the last decade.

I was born and raised in Canada and then moved to the US in my mid 20s and it was the best decision of my life. Lower taxes, higher pay, more affordable housing, and more career opportunities. The government continues to neglect the housing crisis which reduces the incentive for educated/ambitious people to stay. Until housing prices return to normal, I think it will continue to experience brain drain.

In response to the points raised in your video, I'd like to share some insights on the US-Canada comparison. It's undeniable that the US, as the world's leading economy, offers a wealth of employment opportunities, far surpassing those in Canada, which still holds a commendable position as the world's 10th strongest economy. From my perspective as a Canadian who has relocated to the US, the prospect is tempting, given the potential for a better lifestyle. However, it's crucial to weigh this against the realities of US immigration policies. Unlike Canada's more welcoming approach, the US process is daunting, labeling immigrants as 'Aliens' and imposing strict conditions like finding employment within 60 days of losing a job on a visa, or face restarting the entire immigration process.\n\nFurthermore, education in the US, especially at top universities comparable to York or the University of Toronto, is exorbitantly priced at around $50,000 USD per year, a big contrast to the more affordable Canadian fees.\n\nWhile Canada boasts superior social programs and a generally more welcoming attitude towards immigrants, it's not without its challenges, as highlighted by the cost crisis discussed in your video. This issue is prevalent in many countries with high immigration rates, like England and Australia, where housing costs can consume a significant portion of one's salary. Despite these challenges, Canada often offers a more balanced and affordable living experience compared to its counterparts.

Housing crisis\nHealthcare crisis \nInflation crisis\nAddition crisis\n\nCanada is in crisis

CP channel finally says something true! Trudeau liberals are full responsible for the housing crisis.

It is not only worthining housings crisis, it worthening Canada's living

lol just the housing crisis ?? are you sure?

WOW! Adding more people to the country will make the housing shortage even MORE competitive?\nWho would have thought?!\n\nJust because you’re against increasing immigration doesn’t mean you’re racist… filling the country with Brits or Americans would make the housing crisis worse too

We were already in a housing crisis before Trudeau brought over those 80,000 refugees/immigrants, then we had all those who jumped our border from the US because Trudeau invited them to come to Canada. All that on top of our usual amount of immigrants that come in every year.\nIn the end we should have a MAXIMUM cap on the total # of refugees/immigrants that can enter the country per year no matter how/why they want to enter, and we should require all of them to have skills/trades/etc that we actually need. Why should we be bringing in people who can't/won't work? I know that the UK brought in refugees over 50 years ago that the majority of are STILL on welfare and the majority of their kids are on welfare too.\n\nI think Trudeau has spent more on refugees/immigrants then he has spent on our own homeless people, veterans and mental health care combined.

And I am one of the majority who totally believe that higher immigration is fuelling the housing crisis and putting pressure on the health-care system.

Buh bye! That will help aliviate the housing crisis.

Too many too fast has created a housing crisis - time to stop, build homes and then re evaluate what a reasonable amount per year of Europeans for a change.

So does the 4th person think more people makes the housing crisis better?

Just imagine the 10B dollars from the taxpayers pockets are directed towards solving the housing crisis .

3/4 Canadians say immigration is worsening housing crisis.\n1/4 Canadians are immigrants trying to smuggle the rest of their 200 family member across the borders.

I absolutely as a Canadian agree that high immigration is certainly adding to our housing and Medical crisis. We need to stop bringing more people into our country until we deal with the crisis we have. Also I read that 40% of the immigrates that come to Canada leave due to those 2 crisis and no employment for professionals, I.E Doctor, nurses etc. I also noticed in the News there are increased in Hate Crimes

Did someone in government fail to read the tea leaves revealing what the majority of us already know about the housing crisis?

Not just the housing crisis, but just the general economy. Immigration in the current circumstances is nothing more than a threat of allowing ideological extremists and other such 'enemies' into our country, while simultaneously making everything more expensive for the average Canadian, ON TOP OF our tax dollars being funneled into wars halfway across the globe that *DO NOT CONCERN US,* and probably diverting a significant portion of that into hidden accounts of our 'supreme leaders', and finally 'Multiculturalism' is just a failed experiment that weakens our values, culture, and ethics.\n\nI don't hate or blame the individuals that are coming here because they aren't the ones at fault, they're just reacting to world circumstances. No, I hate the people who are funneling them here, paying them greater benefits than I myself can qualify for as a *CITIZEN,* or are sending them here with the intention to drain us dry. So basically, the government.

The real reason for Housing crisis in Ontario is due to the ridiculous zoning laws. I know a area in Barrie zoned agricultural while the adjacent area has been densely populated for over 6+ years. The so called agricultural zoned area has no agriculture being done. Just people holding huge chunks of land.