Close Reading

There is in fact no actual housing shortage in the USA whatsoever. The problem is that that wealthy individuals have strong incentives to park excess capital in real estate and landlords have strong incentives to maintain asset values through cash flow potential (appraised through $/sq.ft rent revenues). What ends up happening in both cases is that you end up with lots of empty houses sitting collecting dust artificially gaining value due to scarcity, and with rentals, you end up with perpetually inflated rents and vacancy rates that are as high as a landlord can tolerate just to maintain the appearance of value to the lenders. Often these owners will borrow more money and use an apartment that might be 40% vacant as the collateral for the lender and go buy another building and so on. What people don't penalize is the fact that that 40% vacant building with 60% rented out at above fair value gets treated on the balance sheet to the bank as if its 90% rented out from an asset value perspective thereby setting the asset price artificially high. Simple legislation of the tax code can fix this issue and unlock lots of sidelined housing. All we have to do is progressively tax 2nd 3rd 4th ect. homes higher and higher rates that essentially cancel out the asset gains, and do something similar for vacant units in a apartment building. \nIts just at the core a case of the rich hoarding something that has been made artificially rare. On top of all of this, because of how valuable properties have become, there are now many interests that capitalize on the entire process of building new housing that make it ever more expensive. Our taxes are funding numerous regulators that stymie new development, while the developers have to then hire numerous attorneys and planners to pitch a project and litigate it through the cities to get approvals. This can take over 10 years in a major city. All this contributes to the ridiculous costs of building these days.

These people use Trudeau's excuse as IS getting into Canada. I wish it was easy the way my family went through the eye of the needle to work with IRCC to become Canadian citizens, work and toiled to pay Taxes in this country for over 44 years! These people took a plane ride and demands to be better off than Canadian Citizens? 4:29

Had to drop by The failing news network CNN to see how you all are holding up. LOL HAHAHAHAHAHA It is exactly how I expected! Get used to the Trump train people. Daddy T is home kids and I can see a lot of conflict and sad sour faces here. Guys Its time to MAGA!!!!!!!!!! MAGA MAGA MAGA!

CNN doesn’t tell us transgender ppl will use the military medical and not serving their job. They get paid with their job and don’t have to do it because they ask for transgender operation and it’s not fair for the rest of the other members of the military who has to do their job during their absent for up to 8 months during their time of abusing the system. They are unfit to serve

Ain't no surprise here ppl act they don't remember when blk ppl like myself were not accepted are given equal rights in the military world ?????? America is a trip when I say trip I mean some real ??, acting all surprised now as black people we've been had to get used to this being treated like third class citizens but I got some kleenexes for you cry babies?

Your average soldier is not going to respect a leader or want to follow a leader who used to be a man and is now a woman and Vice, versa! I agree with Trump and Crenshaw even though I don't Crenshaw. There is no room in the military for this BS. I served 10 years and this BS is nothing more than a huge distraction. You have people who were going in just to get the operations. They spend 4 years in the military changing gender on tax payers dime. Out of the whole 4 years they may be deployable for about 6 months and that ain't all at the same time. When I was in this stuff was not an issue! They were not allowed to join and neither were gays.\n\n Think about it everyone is so bent out of shape over sexual assault well if you take a couple of gay guys and put them in an infantry unit they are going to look at all those men the same way a straight guy would look at all the girls if he was dropped off in an all girls collage. Nothing but problems and issues the military doesn't need!!! Seen it first hand back then when it was not allowed. Incase no one noticed military recruitment is down to dangerous levels! Doesn't anyone wonder why??? This post is why. No one wants to be part of a wishy washy military. It's to easy to get hurt or killed when things are running normal! Throw all the gay and trans BS in there and it just F**ks up everything!\n\nSo for 4 years they are almost always on lite duty, they are getting paid and getting the operations then at the end of their enlistment they walk out of the military the opposite sex they came in with and the American taxpayer is hundreds of thousands of dollars down for every one of these fools!!! This is what the democrats did!!! Join the Army and change your sex on us!!!\nNo place in the military for these fools. I feel that anyone who wants to change their sex is mentally ill!!! I have no desire to change into a woman and if I did I would think something was wrong with me and go get help!!!

Can we also get rid of the use of the re-tar-ded (they/them) pronouns?

Get the facts right, these low life are people trying to enter america illegally. America is not obligated to receive them. Count your blessings that the border did not take down all of these intrusion using guns.

I live in USA legally. And I am a citizen. There is not enough housing. Even if the Housing is not an issue. The health care system is collapsing. It used to take 1-3 business days to get an appointment. Not it’s 2-3 months. It’s a dramatic change.

Not right. They are using violence to get into US

I live north of El Paso, due north in New Mexico. Don’t kid yourself, this crowd will get much worse. I live in a big town and you used to stop at a traffic light and they tried busting your window to grab your purse. Then, it was under Biden, they finally moved them into shelters, hotels, churches and paid them money (on debit cards) and gave them free medical care along with their free housing.\nEven then one young guy took his revolver in to rob the waitresses of their tips as a pizza place was closing. The owner came out to see what was happening. The guy shot him point blank 9 times. He was arrested but we never knew what happened. In this blue state, I doubt he is even in jail now. Do you really think that those coming in don’t expect all the hand outs? We can’t just keep being so nice, there is going to have to be physical consequences.

No one made the social net in Canada for us, we made it for each other. That's democracy. Having said, that, I use the healthcare system as little as possible while others are breaking its back with minor colds, especially since Covid. Fear of lack of healthcare was not the Canadian norm, but seems to have become that way resulting in people destroying a good thing and getting lazier about personal responsibility! So much talk about politics everywhere now and not much talk about responsibility for ourselves let alone our neighbours. Politicians are not gods!

Get your facts straight, Colombia President accepted their illegal migrants. In a matter of a few hours. Not only that, the Colombian President even offered Trump his own plane to come and pick these illegals up. If you are going to report news get all the facts straight! No wonder you are losing viewers and 90 percent of Americans don’t use this channel as their source of information. You purposely leave out important information to create rhetoric and upset the other 10 percent that unfortunately still watches your fake news.

These are the laziest people from Venezuela!, the use to get everything for free, demand caring and hate to work, send them back to maduro!

? lmao is there finally someone standing up to trump. Hahahaha. Trump is getting humbled by other countries. Because we America can't ?what a darn moron. Tariffs cost America alot more money on goods when those countries just bring up the price for Americans so they can pay those tarrifs. It's been proven already with Mexico.a civic built in Mexico use to cost Americans 20k now its up to 40k because of dumb ass donald bringing tariffs. Bro no one cares about your threats trump there just empty when those countries tell u go f yourself. What a darn idiot.this is what you voted for ?

I hate to tell Columbia, but once Trump is done with deporting people to Columbia that is when they will get everything Trump suspended. In the end once he is done with columbia he will put tarrifs on them and ban flights from Columbia.\n\nPeople need a damn backbone he is using countries and its wrong. If you have people from mexico, they cannot make it to Columbia.

So let me get this straight. You didn’t allow our plane to land, instead you sent them back. They have to wait more days in a prison before you come to pick them up again. And all because you didn’t like the plane we used? Yeah that’s so considerate of the migrants lmao

The Mango Mussolini is a complete lunatic. Using tariffs solely to get revenge on a nation that hasn't done as he wants. American consumers will have to pay increased grocery prices solely because of the Tan tinted toddlers fragile ego. Colombia has absolutely no obligation to do as the Orange lunatic wants?

If you’re in the que for citizenship, the government already have you on record. It is up to the government to “not” allow for these people to now seek asylum, that is a special department.\nWe don’t need workers getting jobs that Canadians are not getting because these people get special preference and tax money used to pay companies to hire them.\nWe have young people who can’t even get entry level jobs because the government has rigged the system against born Canadians.

The US is crumbling, I can see the old man child using military force to get what he wants.

No, politics in Canada is not good. Just that comment referencing Republicans is an example in and of itself.\nHealthcare is good, used to be better, and is getting worse.\nCrime is rampant in Ont. \nHomelessness is high and rising with job losses, inflation, drugs. Foodbank lineups have more than doubled.\nThere are lots of police and they are armed.\nThey ate so busy with rising crime that they don't pursue other illegal crimes \nWhere is a lot of wonderful about Canafa, but it has gotten worse.\nWe are enjoying the end of the thread of beautiful Canada. But for future generations, Canadians seem to not care.

Why can’t these millions of people use that energy to fix their own country? I don’t get it.

The largest population of illegal immigrants has been chinese, according to all media outlets during the presidential race. It seems hey used that to get votes, but no mention of them anymore ?

That didn’t take long. Trump comes up against another beta male and gets it done. Next time we should use a cargo ship.

Update: Columbia caved, and are even using their government planes to fly the criminals back ?. Honestly, give it up Democrats. It's getting crazy levels of embarrassing for you now lol

Whatever works to get them back humanely and with some dignity!. Thinking we should use standard immigration transport procedures and not u.s. military vehicles. People get nervous about u.s. military in their airspace. Not just of fear og mishaps but espionage plausibility and security clearances in those countries too. \nThere is a reason we have never used u s. Military for diplomatic issues

This is a much easier fix than what’s being portrayed. We need to make the ability to become a temporary citizen easier than it is. Background checks, usable skills, and political or criminal affiliation. If it’s not possible to access, so is your entry. I support my president and my nation completely and yet I still understand that the deplorable conditions of these broken nations is something I too would want to escape from. By making it so impossible to legally enter, we’re funding the criminals who will do so illegally. \n And can we talk openly about the real issue as well? It’s time for the U.S to clean house too. Government officials taking bribes from the Cartels and making it harder for us to put safety measures in place. We have to stop being in business with these criminal elements. I get it, the money’s being used to fund our military initiatives that tax dollars can’t, like in the 80’s with Contra, but how many U.S lives have to be lost to secure a foreign policy???

I’m gonna be drinking wine every night cause wow this is worth drinking wine to daddy trump already made him fold get use to it butter cups

Why do liberals struggle so much with this form of using tariffs to get positive result for our country? It’s right there I’m front of them and even if they see it happen, it still upsets them to see a Trump success. I really don’t see why they fight him or refuse to acknowledge his plans as working

Colombia knows his game if they accept he will sill slap tariffs. Those are used for running a business not the country threatening other countries and demanding war. Narcissist violent psychopath behavior ?no one is doing shit about this he is tryna get richer for himself demanding other countries to pay him. Lying to his supporters by raising prices on them on everything.

Colombia was always gonna bring its people home, but they made sure to do it the right way. Instead of using military planes for deportations like they were criminals, President Petro's government sent a regular plane. That way, the folks coming back were treated with respect and dignity. Don't get fooled by the BS out there there's a lot of misinformation trying to twist the story

The President of Columbia should get used to it. There's more of his people returning home.

The United States has a real president now...\n\nAll you cry-babies on the left are going to have to get used to that...\n\nAnd some of you in the government are going to have to learn how to code...

All about using money as a way of negotiating.\nMakes him feel powerful. Countries will get disgusted with Trump's threats and they will do business elsewhere\nBet Russia would appreciate more business

47 better get used to a whole lot of world leaders telling him to FO....

Trump is such an idiot!!! Coffee and other items prices will shoot through the roof ?. He is a sick man that is abnormal. I hope colombia joins the BRICS organization on trading. So trump can then jack up the tariffs to 100% as he is doing to the BRICS partners. That organization will have their own trade and currency! The dollar value is due to drop drastically due to the universal currency that they will rather use. Cuba was the latest to jump on board. Now 56 % of the population will get their traded goods through this organization. I predict Canada to be the next one to jump on board. Trumps mental disorder is isolating America, and has lost the American influence. He treats this situation as it were his business. We all know how many bankruptcies he has had! And no one around him has the balls to tell him that he is wrong! Because he hand picked them to do his malicious works. USA is failing the customer will pay the price on all these tariffs. He still hasn't brought down the prices of eggs yet, what a liar! Hold on to your seats and I hope that we can survive at least until the midterm elections so that he can be impeached! The guy is not all there!!!

LMAO what a clown. Get ready for more expensive coffee and anything else coming from Colombia.\nRemember, Columbia does not pay the tariff, WE DO. Every product that Americans use that contains\ncaffeine will now go up in price so that importers can recoup the tariff the AMERICAN company had\nto pay to import it. So, your Starbucks coffee will go up, ground coffee, instant coffee, energy drinks, etc.\nwill ALL GO UP IN PRICE.\n\nThe Orange Traitor sticking it to Americans once again. He grifted off of MAGA for years and they\nvoted him back in. He's constantly signing illegal and unconstitutional executive orders, all of which\nare or will be challenged in court. And now he begins his dumbass tariff wars to skyrocket prices and\ninflation in THIS country.\n\nHey MAGA, when are you going to figure out this criminal president doesn't give a f*** about you. He \ndoesn't need your vote anymore, and he's a lame duck president. He's gone insane trying to use \nbully tactics to enact his racist immigration ideas. He's destroying the immigrant workforce in \nAmerica. Gas prices up, food prices up. Inflation up already. Violence up already. THIS is what you\nvoted for.

Oh shat! All the stuff from Columbia is gonna get more expensive. Wait? What do I get from Columbia? COFFEE! Bananas Oh No. These are just things we use daily. Thanks Don.

VERY DISAPPOINTED IN THIS INCOMPLETE REPORTING: The President of Colombia clearly said he would accept deportees IF they arrive on a passenger plane as has always been done and which costs less than half of the expense of a military plane. The problem is the United State’s insistence on using military planes. I swear folks, it’s just getting started: threatening to invade Panama, the closest ally in Latin America, threatening the prime minister of Denmark, a historic ally. Anyone remember Austria, Czechoslovakia, Poland?

Tariffs are used for negotiations, to try to get a better deal. The Pres. of Columbia will let the planes land. He can't defy America.

The world needs to stand up to Trump. They should stop all Trade to the USA. Keep their stock and reconstruct a world economic forum. If Trump doesn’t want to negotiate and honour trade agreements that he committed too, no one should commit to doing business. Just look to his history, he is a fraud and a bully. He used MAGA to get to where he is and now they are left with scrambled eggs and Bird Flu. Oh yeah, no public notice required - why inform the public of infectious and safety related health and food issues. Eating USA products is equivalent to Russian Roulette.

They get no sympathy from me, they are attempting to invade the United States and necessary force should be used to stop them invading. They are attempting to break our laws!!!

Lol no one can just get green cards even before landing in the US you either have to cross the border, or come in using some kind of student visa, or come in using some kind of employment visa which is almost impossible because no employer will hire you if you are not eligible to work in thw US in thw first place

My lord ….why people don’t understand about rules . Did everyone are forgetting about 911 !?!?? Do the right thing for better future nature. But !?The problem this society social media, make people jealous about life things, materials things, make people do bad things . For that !? We are destroying the world ? . I remember when the dollar was less than 2 reais, Brazilian currency . The time was the President George W. Bush family . I never forget the tragedy on the 911 . I remember The US , send Military to find the responsible the 911 , lots money was involved to support the soldiers .Lots country the time was not involved in the 911 . But did get the chance pays all the bills too “ because the money was going down quickly , gave one good opportunity to payback he United States money ?. Then thought The Americans never get back after, 911 !? Americans are amazing people, because they’re responsible pay for their own taxes , to support the country . Resume :::::::1= pays the bills to the United States of America, so the people from another country don’t live , to come to America ??. 2= make the money universal : if don’t “ the war will getting worse . The president the United States of America , Trump deserves respect ?? if you don’t . Bad times come true , to kip the American save . So much things to do with this planet ?, but people’s always want burn ? petroleum, for not being productive enough to care about the environment planet ?. We must use more Electric ⚡️ cars , to have better chance future rainy . ?

You must like paying taxes. Living in the West must get used to that.

This is addressed mainly to the ugly Indian: My generation came to the racist west and built a golden reputation. We worked hard, assimilated, paid our taxes, and obeyed the laws. We were humble. We celebrated our native cultures within the confines of our communities. While it was frustrating to be invisible in white culture, we never sought to conquer them with our culture. We were ethical to the hilt. Our generations were poor -- yet we struggled to help others in India and in the west. We were NEVER on the dole. Personally I think it is rude to enter a nation (in the west or anywhere in the world) with naked opportunism. Speaking for myself -- despite neocolonialism, I admired western civilization, especially its older forms. \n \nBut the ugly Indian who comes now is loud, brash, socially irresponsible, exploitative, money-hungry, opportunistic, and arrogant beyond belief (full of the hubris that comes from sudden new wealth). They look down on us who have been here a while. They are used to a servant-culture and look down on white working class people, as if they are servants. As for second generation Indians in the west, they can be racist towards us first generations. But the opposite is true as well. Indian newcomers see them as an alien species. Indians do tend to hire their own and stick to their own identities -- I do not mean the Indian identity, but their native state identities. All this feeds into the primary and secondary forms of western racism that are already simmering beneath the surface. This new genre of Indians is destroying the goodwill we have built. I have personally witnessed arrogant young Indian students cutting the line to reach the front desk. No manners, no ethics. As a first generation Indian immigrant I get annoyed. So why shouldn't native born westerners (who are already racist)? \n \nBut to complain about how they smell is rude beyond belief. This must stop.

THERE IS NO REASON for Indians to Claim REFUGEE Status in CANADA. They are ONLY Economical Refugees, SEEKING A Better LIFE in Canada!! Without any good Cause. Mis using EVERY POSSIBLE AVAILABLE venues, that Includes Working under the Table (Get Paid CASH). Pumping all UN PAID TAX earnings Back to India to their immediate families (of Course). CAR THEFTS are ALARMINGLY High due to Indian Young student offenders!! The LIST GOES ON....\nDO WE NEED THIS SHIT from Indian STUDENTS????

Canada should get used to this for a minimum of 4 years

LOL!\n\nThe Biden Admin created an app to get more illegals in quicker using a loophole in the system. MSM covered that up, and called it a right-wing conspiracy theory. Now the app is being reported on like it was a great thing.

Its not just an employer issue though, these corporations see dollars, the rest of us see taxes, overflowing school,s lack of teachers, lack of translation supports, lack of hospital systems, lack of housing , food bank runs as wages cannot support cost of living, homelessness crime and drug use. Disruption of neighbourhoods with 10-15 people piling into suburban homes and messing it up. They should not be here until the foundations are set. What new infrastructure is planned by these departments and on whose bill? Is it started yet as constructions are 5 years out . There is literally no long term joint plan here , just hoard type mentality. A failure at all levels of join thinkng in this government. And now its gonna get worse.