Close Reading

Lol @5:10 😂 that guy on the bike is definitely a self described white trash.

Immigration in Canada is a cycle. My guess is in 5 to 10 years the doors will be wide open again for immigration as the Boomers die off in mass. Housing is an issue because the entry level houses are not being built. I know guys in construction who develop homes and they ALWAYS build upper to high end houses because they are more profitable for the builder. Combine this with many people buying 1 or 2 extra homes and then using them as airBnB (Igor! lol!). But the worst is large hedge funds buying massive amounts of homes for profit. Some estimates say 20% or so of the housing stock is owned by hedge funds atm. In the last 4 years Hedge funds made MASSIVE purchases in real estate as a hedge against inflation. Canada does not exist in a vacuum as the USA has some very similar housing issues. One last thing is people do NOT want home prices to go down. 2/3rds or so of people own a home and the LAST THING they want is for their home value to DECREASE! So you really will not see massive changes to decrease home prices no matter what political party is in power. The majority of voters have a vested interest in high and higher home prices. Making it easier for people to buy a home is probably the best short term solution.