both of the major parties are broadcasting very clearly that those workers harmed by the tariffs will be cut out and left behind, with little to no government support. rather, we're going to get austerity, cuts in services, subsequent high unemployment and lower taxes whether we want it or not.
“Housing starts are collapsing in large parts of the country, including Ontario, and especially in Toronto. This is due to restrictive land use rules, Byzantine approvals processes, and high tax burdens,” said Spoke.
no. supply is not driven by bureaucracy. that is the height of economic ignorance. supply is driven by demand. housing starts are low because demand is low due to impossibly high prices. yet, latent demand to purchase housing is sky high.
the solution is that government needs to buy up more houses through the cmhc in order to drive down prices, in order to generate more demand. the solution is more government intervention to fix a market failure, not less red tape and more market failure.