„Jetzt wissen wir warum“: MP sagt, dass Immobilien des Wohnungsministers 10 Millionen US
https://www.mpamag.com/ca/news/general/now-we-know-why-mp-says-housing-ministers-10m-real-estate-explains-reluctance-to-lower-prices/540728
„Jetzt wissen wir warum“: MP sagt, dass Immobilien des Wohnungsministers 10 Millionen US
https://www.mpamag.com/ca/news/general/now-we-know-why-mp-says-housing-ministers-10m-real-estate-explains-reluctance-to-lower-prices/540728
9 Kommentare
I’m sure he is compliant with the rules. The rules are not adequate. Upon swearing in, all MPs, government or opposition, should have to sell all their investments aside from index funds, savings bonds, or other such neutral properties.
„Reluctance to lower prices“
I was unaware that the housing minister sets housing prices.
In reality housing prices are dropping Canada wide outside of a few regions like Halifax, Edmonton and Calgary
That tracks. It’s like fighting for electoral reform with the guy who just got elected using the current electoral system. Anyone with the power to improve things, suffers from regulatory capture and conflicts of interest over actually improving the situation. If it hadn’t been Poilievre on the conservative ticket I would have flushed these two-faced liberals in a heartbeat, but I couldn’t in good conscience let someone so deeply captured by the oil patch and the treason brigade win. Ah well. Damned if you do. Carney won’t solve housing and we’re going to be in for a rough 4 years.
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People owning any real estate at all don’t want prices to go down. What a stupid accusation. Only renters can be politicians now?
And this is why MP’s should have to give up, not a blind trust, complete divestment of all investments. Stocks, bonds, gics, real estate, everything but a primary home and cash in RRSPs, RESPs, and a TFSA. Can’t have any of it. Personal sacrifice for the good of the publics ability to trust you.
As Upton Sinclair once said, it’s hard to get a man to understand something his salary depends on him not understanding.
Until you make investing in Real Estate unprofitable (and have instead house people or businesses), housing will never become affordable.
When money is invested in Real Estate, it’s dead and doesn’t propel the economy as opposed to investing in a business.
Please share with me what actions Gregor Robertson has taken to *prevent* housing prices from declining. Its not hard for a successful former founder of a company in his 60’s living in Vancouver to accumulate 10 million in real estate wealth. That’s like 1 nice house on the west side of Vancouver and a vacation property in another popular BC location. Being a homeowner isn’t a conflict of interest.
$10M is not that much. It’s like 0.3 to 5 detached homes in Aurora. I don’t know their entire net worth, but it would be surprising to me if this is a large enough portion to sway their policy stances.