So 20% of Canadians are real estate speculators or NIMBY assholes?
this post was submitted on 14 Nov 2023
9 points (66.7% liked)
Canada
7113 readers
199 users here now
What's going on Canada?
Communities
π Meta
πΊοΈ Provinces / Territories
- Alberta
- British Columbia
- Manitoba
- New Brunswick
- Newfoundland and Labrador
- Northwest Territories
- Nova Scotia
- Nunavut
- Ontario
- Prince Edward Island
- Quebec
- Saskatchewan
- Yukon
ποΈ Cities / Regions
- Calgary (AB)
- Edmonton (AB)
- Greater Sudbury (ON)
- Halifax (NS)
- Hamilton (ON)
- Kootenays (BC)
- London (ON)
- Mississauga (ON)
- Montreal (QC)
- Nanaimo (BC)
- Oceanside (BC)
- Ottawa (ON)
- Port Alberni (BC)
- Regina (SK)
- Saskatoon (SK)
- Thunder Bay (ON)
- Toronto (ON)
- Vancouver (BC)
- Vancouver Island (BC)
- Victoria (BC)
- Waterloo (ON)
- Winnipeg (MB)
π Sports
Hockey
- List of All Teams: Post on /c/hockey
- General Community: /c/Hockey
- Calgary Flames
- Edmonton Oilers
- MontrΓ©al Canadiens
- Ottawa Senators
- Toronto Maple Leafs
- Vancouver Canucks
- Winnipeg Jets
Football (NFL)
- List of All Teams:
unknown
Football (CFL)
- List of All Teams:
unknown
Baseball
- List of All Teams:
unknown - Toronto Blue Jays
Basketball
- List of All Teams:
unknown - Toronto Raptors
Soccer
- List of All Teams:
unknown - General Community: /c/CanadaSoccer
- Toronto FC
π» Universities
π΅ Finance / Shopping
- Personal Finance Canada
- BAPCSalesCanada
- Canadian Investor
- Buy Canadian
- Quebec Finance
- Churning Canada
π£οΈ Politics
π Social & Culture
Rules
Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:
founded 3 years ago
MODERATORS
I would guess the NIMBYs "somewhat support" affordable housing (i.e. "somewhere else, just not here"), and that they're mixed in with further home owners who are afraid of lower prices affecting their "investment." I imagine it's mostly real estate speculators that make up the bulk of the ones against affordable housing.
20% of the population is already rich and wants to pull the ladder up after them.
That 80/20 split is about the same as the have/have-not income split of $160k/year.
20% of people know there isn't anything that govt can't make worse
Actually, the government directing the CHMC to pivot from "direct public housing investment and urban planning" to "mortgage supports and bribing developers" is about the same time our housing market started to get out of control.
And the other 2 out of 10 support unaffordable housing?
I'm sure everyone supports affordable housing, but not everyone agrees with how it's done.
I don't think this is quite true. I think there's a lack of understanding that affordable housing has historically been a public infrastructure project until we stopped doing it. Anecdotally I know plenty of people who understand affordable housing as welfare that can't solve the problem, instead of a non-market solution to a problem that the market can't solve, similar to healthcare. Those are people who understand why healthcare is publicly provided and support it.