I think we have too many people here in Canada who think any kind of regulation infringes on freedom as well as magically makes it so the free market doesn’t make everything cheap for everyone so we probably won’t get this any time soon.
The capital would flow out pretty quickly if something more compelling came along.
We saw exactly that watching our friends to the south in 2006 when “Web 2.0” started attracting investor interest towards tech, prompting the now-famous housing crash (not to be confused with the securities crash of 2008).
Trouble in Canada is that we’re so busy going to university in a quest to attain degrees to maintain our “most educated nation in the world” status that we forget to actually do anything.
I think we have too many people here in Canada who think any kind of regulation infringes on freedom as well as magically makes it so the free market doesn’t make everything cheap for everyone so we probably won’t get this any time soon.
Thank god I don’t rent anymore.
The housing market is not exactly a free market at the moment anyway
The bad actors of the housing market would have to give up a LOT of their capital at this point to fix the issues we have with it.
I have little faith that that’s likely to ever happen.
The capital would flow out pretty quickly if something more compelling came along.
We saw exactly that watching our friends to the south in 2006 when “Web 2.0” started attracting investor interest towards tech, prompting the now-famous housing crash (not to be confused with the securities crash of 2008).
Trouble in Canada is that we’re so busy going to university in a quest to attain degrees to maintain our “most educated nation in the world” status that we forget to actually do anything.