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    5 Kommentare

    1. A 1 bedroom apartment in my town is $2000 a month. For that to be affordable, you would need to make $8000 a month, or $96,000 a year.

      There is no small business in my town that could afford that. Even the major corporations would lose their mind and start ripping our elections to shreds if they were expected to pay $96,000 mininum for every job.

      I’m not talking about luxury. I’m talking about any 1 bedroom apartment, even cheap ugly ones in old decrepit buildings.

      We need to regulate housing. We need to snap the landlords‘ stranglehold on it. We must have either price regulation, or mass nationalization. That’s the only way to fix this.

    2. That’s an awful lot of words from the Frasier Institute, just to say „cut taxes“.

      Which, of course, is all they ever say.

    3. > In 2022, the latest year for which the data are available, the typical worker in our highest-wage province (Alberta) earned less than the typical worker in low-wage U.S. states like Mississippi and West Virginia. And from 2014 to 2024, Canada’s real per capita GDP, an indicator of income and living standards, grew a mere 2.0 per cent compared to 19.6 per cent in the United States.

      So the Fraser Institute is saying wages and productivity are too low, what do they propose as a solution?

      [Encourage even more dragon-like hoarding of wealth, of course!](https://www.fraserinstitute.org/studies/canada-needs-save-much-more-finance-ambitious-investment-agenda)

      Canada’s problem is not that we don’t have enough productive capacity to house and pay Canadians living wages. Our problem is that we have an incredibly miserly ownership class that refuses to re-invest any of their wealth to increase productivity, innovation, wages, or public good.

      We have a massive, entrenched class of minor oligarchs who are more concerned with getting their name on the wing of a hospital or a lecture hall than actually contributing to advancing society. And the Fraser Institute is their voice on policy.

    4. From  what I see you need to bring regulations to discourage housing speculation.

      A lot of people who have money put it into real estate then investing. This leads to a very unproductive economy.

      Then add in a lot wage growth mostly goes to higher end workers who can afford expensive homes

      So reality is higher wages and less housing speculation.

    5. iDareToDream on

      I’m a novice when it comes to economics, but when we hear about the need to grow worker incomes…how can the government encourage that to happen? How do we make people’s salaries grow?

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