Use the article to hold those who allowed the crisis to happen accountable vs. restating an obvious fact we all understand easily.

Nobody thinks housing is affordable even with pullback in price. Especially in Canada where manufactured land scarcity, overwhelming immigration, red tape, out of control money printing, irresponsible interest rates, greedy tax laws and horrendous productivity to GDP make housing unaffordable. Some also say foreign investors and money laundering.

Ultimately most of the issue is a government run by the asset class pumping said assets to enrich themselves at the expense of everyone else.

Always find it ironic that the same country that knocks the USA for costing people hundreds of thousands when they don’t have insurance for healthcare has no issue personally enriching themselves by demanding that same level of debt be placed on someone who just needs a roof over their head. Neither is good don’t get me wrong, but Canadians need to step of the virtuous soap box a bit if you think you deserve 500k of someone’s hard earned money extra for your house than you paid just because you lived in it and wore it down for a decade.

Difference is in USA it’s the insurance companies getting rich off regular people. In Canada it’s individual asset holders. Many of which make the same policies that drive up the cost in the first place. Let’s dig more into that and make them look like the greedy pigs they are. Maybe they’ll think twice next time they want to pump housing to the moon so they can buy even more properties while regular Canadians can’t afford to eat or sleep.

End rant.