I don't agree the high house price is due to bureaucracy. The bureaucracy has existed for so many years but the rise of house costs come this ten years. A lower production cost doesn't mean a lower house price. For instance, the iPhone production cost is less the one-tenth of the sale price. The reason for the rise is the flooding of the money supply. The financial market is booming and a lot of money coming into the property market and the employees can not afford the housing price. Building more houses doesn't mean we can find the buyer in the market. and eventually, a heap of vacant houses will appear. Lowering the interest rate means more money will make the bubble grow. The housing bubble is a financial problem and should resolved with financial skill first
Way more tax been collected in Canada, that is the difference.
@raymondlam807117 күн бұрын
博勵志上台將会取消Canadian dental care plan 及大量social programs 影响大量加拿大人,佢亦未通過security clearance, 絶不会投佢一票。
@mikelai989717 күн бұрын
If you get a job, most of the jobs will give you dental care plans. It mostly only affects people who don’t have a job
@raymondlam807117 күн бұрын
@@mikelai9897 The Canadian Dental Care Plan (CDCP) is a federal program that aims to help fill gaps in dental coverage and make oral health care more accessible. The plan is expected to impact nearly 9 million Canadians, with an annual family income of less than $90,000.
@mikelai989717 күн бұрын
@ I rather have those money spent somewhere better. You get dental insurance from your company.
@raymondlam807117 күн бұрын
@@mikelai9897 32% Canadian without a dental insurance, this 32% Canadian will love to have one rather spend the money on 博勵志 hefty pension.
@piyunkao-liu348618 күн бұрын
❤
@awhkwong18 күн бұрын
I guess I am the lucky one, I got a few detach homes and condos in the early 2010 for really good pirce.