Justin Trudeau’s Low-interest loans for student housing Will Likely Make Housing More Expensive, CMHC repeat, Keep the FEDERAL Government out, Housing Shortages Are Mostly a Municipal Problem, Slow The Flow of Immigration – January 29, 2024
A quick reminder that Justin Trudeau’s Gender Balanced Cabinet is NOT a representation of the best and BRIGHTEST the Liberal Party has to offer. I’m more aligned with anarcho-capitalists, and what I will say about Higher IQ Liberal Party Party minds in Canada is that they’re not as STUPID as Justin Trudeau.
Justin Trudeau is smart in regards to winning elections, but running a country and selecting the right people to do certain jobs is NOT a strength of Justin’s. When I see the stupidity coming from Justin’s cabinet, it’s largely due to the EXTREMELY low financial IQ of his the people he hired
The thinking behind Trudeau’s cabinet is to THROW money at problems, completely ignoring the EXISTING regulatory environments. Current “Housing Minister” Sean Fraser stated the following:
the government is expanding its Apartment Construction Loan Program to include student housing. The low-cost loans will be made available within ‘months, not years,’ he said.
As I’m writing this, the reader should be advised that this is a COMPRESSED version of what I could write. This is a blog post, and I’m not going to dive into all the specifics of what’s causing the housing market.
In general, Canada has a MUNICIPAL VOTER problem that, for the most part, has been DESTROYING the Canadian housing market for DECADES. Some want to blame Pierre Trudeau, but I say we, as Canadians, need to start taking responsibility for this STUPIDITY.
The Canada Mortgage and Housing Corporation(CMHC) was re-tooled around 1999 to address housing shortages, which had price DEFLATIONARY problems, due in large part to municipal laws, many of which revolved around PRICE CONTROLS.
The CMHC is a CROWN CORPORATION(State-owned enterprise) that helps to ENSURE that housing prices do not DEFLATE and the housing market does not CRASH.
‘Because it’s 2015’: Trudeau forms Canada’s 1st gender-balanced cabinet
| cbc.ca
Rent Controls(which are price controls) have been popular in all parts of Canada for a long time. Rent controls, in general, are a PROPERTY RIGHTS problem. Who is the government to tell me what price I can charge for renting out my property?
Now, if rent controls are implemented, what you’ll have in many municipalities all across Canada are excessive and restrictive ENFORCED REGULATIONS in the housing market that some LANDLORDS and real estate investors only learn about when they find themselves with a BAD TENANT.
Being that real estate is a BUSINESS, most real estate investors do their research PRIOR to getting involved in the real estate market, and this is where most people in real estate start learning about the COSTS involved when they decide to make real estate their BUSINESS.
Nobody goes into business to lose money, so when CMHC starts to basically guarantee that housing prices will not crash, you get people purchasing real estate in Canada to flip for a profit or even hold and use as Airbnb.
Toronto for example, has more than enough housing to house every person in Toronto, with room to spare, but ask existing property owners if they want to take the risk of renting to anyone with the current regulatory environment, and the majority of them will say no and the ones who say yes, want to be PROPERLY compensated for taking the risk, which obviously leads to higher rent prices.
Economic and financial LEECHES tend to gravitate to major cities, and they VOTE. So a lot of people vote in municipal elections for the GOVERNMENT to do something about the housing disasters.
But you see these entitled VOTERS, don’t want the GOVERNMENT regulations to go away, they want the government to THROW money at the problem. This is why I don’t write about Justin Trudeau going away on vacation and DOING NOTHING.
If Justin Trudeau did NOTHING and wasted tax payers’ money on vacation, Canada would be better off, we would actually save a lot of money, I’ve stated in plenty of posts, Justin Trudeau won all three elections FAIR AND SQUARE, and he’s a direct reflection of most of the IDIOTS in this country. TRUTH HURTS CANADA!
The problem I have with Trudeau is when he tries to do something, he should do nothing, he has the media on his side, even if he did NOTHING, the media would find a way to justify him doing NOTHING.
But when he does something, he reminds Canadians of how stupid he is and how dumb most Canadians are when it comes to the economy. Everything Trudeau touches turns to shit. I think Trudeau MIGHT BE well-meaning, but economically, he’s an idiot; he’s a trust fund baby; he never HAD to work a day in his life.
Sure, he chose to, but you can see, based on his CARELESSNESS on serious issues, that in practice, he’s a moron. Morons tend to align themselves with other morons. If you’re a stupid leader, it will be hard for you to comprehend when intelligent people are trying to HELP you.
I know some Liberals; as an Ontario, I prefer Liberals over the NDP; not all Liberals are idiots, but Trudeau is an idiot, and most of the people he’s put into power are idiots. When I look at Sean Fraser, he looks like a Big Child; from a distance, you can see he’s way over his head, and the concepts behind the Trudeau regime all appear to revolve around THROWING MONEY at problems.
Imagine you had a spoiled child, do you think throwing money at a spoiled child will make the child do better? Imagine you have a drug addict. Do you think throwing money at the drug addict will make the crackhead do better? When has rewarding bad behavior ever worked?
Now that Trudeau has ANNOUNCED that he’s going to throw money at the housing problem, what’s going to stop municipalities from raising PRICES, adding more layers of regulations, and creating new permits? If you’re not paying attention, a lot of major cities are BROKE, so if an influx of cash starts coming in, guess what these cities are going to do?
The current Mayor of Toronto, in a NEGOTIATION position, said she would raise prices and TAXES if Trudeau does not give her what she wants. Current Mayor of Toronto Olivia Chow won the Toronto Mayoral race in a LANDSLIDE, this is NOT Trudeau’s fault, if Torontians want to be idiots, that’s on them, that’s not Trudeau’s problem to fix.
All of these so-called Conservatives keep talking about Trudeau’s vacations; I want Trudeau to STAY ON VACATION, and he can return in 2025 when it’s time for the election.
Below is the Trudeau popularity tracker by Angus Reid; if the data does not show up below, you can click the link provided or search for “Trudeau popularity in Google”.
Approve/Disapprove of Prime Minister Justin Trudeau | angusreid.org
As a Canadian, I take responsibility for the STUPIDITY of MY people; a large chunk of my fellow countrymen and women are financial IDIOTS; it is what it is, and this isn’t just a problem with the Left. It’s a Left-Right problem.
Interesting times ahead!