Thrillhouse@lemmy.catoWorld News@lemmy.world•Canada likely sitting on the largest housing bubble of all time: Strategist - BNN BloombergEnglish
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1 year agoWhen it pops most people still won’t have money (because recession) and corporations will scoop in and buy up all the assets oh boy!
I agree, but the path forward to get everyone else on board with socialized housing is pretty bleak. We can walk and chew gum at the same time, but we’re having issues hanging onto our socialized healthcare.
I think we also need to re-think how we work and good work opportunities for people. We’re supposedly in a housing crisis but there is more than enough land in Canada. We need to disperse more people away from huge cities (and the green belt) in my opinion. There needs to be good opportunity elsewhere. I have no clue how we can do that outside of UBI or something.
The extreme concentration of wealth is just accelerating and hurting everyone except the fantastically wealthy.