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It's a bit old, but let me assure you, the situation has not improved since 2020
Is it wholly his fault? No. It's at least as much on his predecessors and the provincial leaders. But it is an absolute morass where not only was no progress made, it dramatically worsened.
Someone explained to me that while people say "housing crisis" for both (any wealthy American city) and Canada, they mean *very* different things by it.
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Indeed, immigration (responsible for the massive increase in demand for housing) was his biggest failure
The median household income seems more accurate than the mean disposable income
Looks like housing didn’t correct in 2008 which is the main problem
Canada has zero productivity growth. That is why per capita GDP has not risen.
I think the metric chosen here kind of undersells the scale of the housing crisis in the US, but it’s unarguable that the situation is ten times worse in Canada
Proud that my province (British Columbia) is the only one that went down an aggressive pro yimby path. Fourplexes as of right, mandated housing targets, upzoning of all skytrain and bus exchange station areas, single egress stairs allowed, and so much more. Most ambitious in NA.
Well, the statistical rocketship of home prices took off 15 years before he entered office
Housing is more of a provincial issue, and also its weird to pin it on Trudeau when according to your own graph it's been an issue waaaaay before he took office
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The big difference beging Canada’s housing market not collapsing in 2008 due to a strong and concentrated banking industry.
Holy shit
Well, he was warned the way to go was to build more houses...
𝑼𝒏𝒅𝒆𝒓𝒔𝒕𝒂𝒏𝒅𝒊𝒏𝒈 𝑾𝒉𝒚 𝑻𝒓𝒖𝒎𝒑 𝑾𝒐𝒏
The liberal establishment has colossally failed us and ushered in a dangerous Trump administration in the process. The only answer is a bottom-up working-class movement.
★ NEW ARTICLE 
how "real home price index" calculated? I assume it's different than median price.
This happens when people who don't rely on local disposable income purchase a lot of properties.
Not to defend PMJT but housing is a Provincial responsibility & the provinces have done everything in their power to keep this an issue by refusing Fed. money & policies making housing available - blaming the Feds for Prov. failure has been a political game since Confederation
damn canada needs to do whatever the US did in ~2007 to decrease home prices
Just like President Trump, when Republicans get knocked down we get back up again.
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Ironically, Canada is doing much better than us when it comes to per capita homelessness of the population.
Apparently the US economy looks better in Canadian charts than our own
now do Federal Civil Service jobs
or Debt
speaking of Federal Civil Service jobs expect liberals in months ahead to send 1000's of supporters into taxpayer paid patronage jobs
Golden Parachute's CBC or National Post reporters to Senate Seats or Supreme Court judges
SICK