when i talk about housing costs, i'm concerned about my class interests, which means i'm talking about rent. a sufficient supply of new housing is required to keep rents and mortgages down, but i really otherwise don't give the slightest fuck what the cost of buying a house is. from a renter's perspective, i want to minimize the amount of competition i have in the market, meaning i want to keep the population low, in general - i want low birth rates and low levels of immigration at the bottom of the market, so that the supply of housing outstrips demand for it. i am in direct class conflict with property owners on this point, who want to increase the number of renters to increase competition, increase demand and increase prices.

nonetheless, this is the reason why property values in canada, which are not the same thing as rents, are unlikely to crash:

https://www.msn.com/en-ca/money/topstories/ottawa-is-buying-30-billion-in-canada-mortgage-bonds-in-2026-here-s-what-it-means-for-your-mortgage-rate/ar-AA20GdY4

and i don't really give a fuck about that. i just want low rent.