I live in Vancouver. People do not live normally here lmao. I pay $2300 for 430sqft in a city where the median household income is $82,000.
I’m surprised you chose Vancouver for your argument. Are you aware this is one of the worst housing markets in North America for exactly the same reason as NYC?
The one thing BC is doing correctly right now is getting rid of a lot of the market controls and introducing a lot more ways to build new housing, without any explicit focus on “affordable housing” (because that’s a tar pit.) These changes (by a social-forward party like the NDP no less) are what are easing pressure on the market, though it is still deeply unaffordable.
> Are you aware this is one of the worst housing markets in North America for exactly the same reason as NYC?
That's because you pointed out rent control in your earlier argument. It's not the end-all-be-all. I don't know why you picked that specifically knowing that Vancouver has rent control and to some degree it's fine.
His platform is more than rent control no?
> The one thing BC is doing correctly right now is getting rid of a lot of the market controls
BC got rid of Airbnb and that's one factor among many others that influence the pricing today: high interest rate, Trump tariff, China econ not doing well hence not a lot of Mainland China money flowing to Vancouver like it used to be. All these contribute to weaker demand.
The getting rid of zoning, while I fully support it for my own benefit, is yet to be seen IMO.
Billionaires don't like it when politicians put a target on them.
Billionaires (or Landlords) have been hiding behind class war for thousand years. They continue to find ways to divide and conquer.
The moment a popular politicians start to poke em a little bit is the moment where they will react swiftly