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  3. Workers are being priced out of Toronto. Can we reverse course?

Workers are being priced out of Toronto. Can we reverse course?

Scheduled Pinned Locked Moved Canada
canada
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  • S sbv@sh.itjust.works

    cross-posted from: https://lemmy.ca/post/48790317

    D This user is from outside of this forum
    D This user is from outside of this forum
    darkcoffee@sh.itjust.works
    wrote last edited by
    #2

    Yes.

    Will we?

    No.

    Q 1 Reply Last reply
    14
    • S sbv@sh.itjust.works

      cross-posted from: https://lemmy.ca/post/48790317

      A This user is from outside of this forum
      A This user is from outside of this forum
      alexlost@lemmy.world
      wrote last edited by
      #3

      No. The people in the game have a vested Interest to keep home values high, and those not in the game don’t have any skin in the game to offer a valued opinion to those already in it. It could be fixed, but it won’t be because too many people are banking on the ever increasing value. Not to mention all those just getting in would be submarined by a loss of valuation. Their mortgage would probably immediately default as the value does not match the risk.

      I don’t own, I think the whole thing is rotten. Just a realist. It’s never going to get better unless the government intervenes on everyone’s behalf, and more than half the voting block would be pissed if they even hinted at doing something. That doesn’t offer job security, and it’s sad that’s that is how decisions get made in this day and age. Good of the people, or good of the party, you can’t have both…

      ultragigagigantic@lemmy.mlU 1 Reply Last reply
      10
      • S sbv@sh.itjust.works

        cross-posted from: https://lemmy.ca/post/48790317

        I This user is from outside of this forum
        I This user is from outside of this forum
        idontopenenvelopes@lemmy.world
        wrote last edited by
        #4

        People who work for the city can’t afford to live in the city.

        1 Reply Last reply
        3
        • S sbv@sh.itjust.works

          cross-posted from: https://lemmy.ca/post/48790317

          C This user is from outside of this forum
          C This user is from outside of this forum
          cyborganism
          wrote last edited by
          #5

          As time goes by, communism is becoming increasingly attractive. Like, real communism. Not the bullshit under Stalin or in China.

          O E B 3 Replies Last reply
          24
          • C cyborganism

            As time goes by, communism is becoming increasingly attractive. Like, real communism. Not the bullshit under Stalin or in China.

            O This user is from outside of this forum
            O This user is from outside of this forum
            outlierblue@lemmy.ca
            wrote last edited by
            #6

            Capitalism is working as intended, and it’s destroying us.

            TroyT 1 Reply Last reply
            15
            • S sbv@sh.itjust.works

              cross-posted from: https://lemmy.ca/post/48790317

              N This user is from outside of this forum
              N This user is from outside of this forum
              n3m37h@sh.itjust.works
              wrote last edited by
              #7

              We have to get rid of Doug Ford first

              ultragigagigantic@lemmy.mlU 1 Reply Last reply
              9
              • O outlierblue@lemmy.ca

                Capitalism is working as intended, and it’s destroying us.

                TroyT This user is from outside of this forum
                TroyT This user is from outside of this forum
                Troy
                wrote last edited by
                #8

                Capitalism is a funnel -> those with capital extract additional capital from those without. I say this as a small business owner, just barely turning towards “winning” the game if capitalism after decades on the other side. It’s a resource snowball, and only a few can win.

                Ideally, there is regulation, scaling taxes and redistribution. That part seems more broken the further along you get.

                Avid AmoebaA 1 Reply Last reply
                5
                • TroyT Troy

                  Capitalism is a funnel -> those with capital extract additional capital from those without. I say this as a small business owner, just barely turning towards “winning” the game if capitalism after decades on the other side. It’s a resource snowball, and only a few can win.

                  Ideally, there is regulation, scaling taxes and redistribution. That part seems more broken the further along you get.

                  Avid AmoebaA This user is from outside of this forum
                  Avid AmoebaA This user is from outside of this forum
                  Avid Amoeba
                  wrote last edited by
                  #9

                  Ideally, there is regulation, scaling taxes and redistribution. That part seems more broken the further along you get.

                  Of course, cause a part of the snowballed resources are used to break those. From one angle you could see the resource snowball (capital accumulation) as a self-reproducing phenomenon that drives the system into unstoppable feedback loops till they lead to various breaking points.

                  1 Reply Last reply
                  1
                  • C cyborganism

                    As time goes by, communism is becoming increasingly attractive. Like, real communism. Not the bullshit under Stalin or in China.

                    E This user is from outside of this forum
                    E This user is from outside of this forum
                    eatcasserole@lemmy.world
                    wrote last edited by
                    #10

                    Have you seen China lately? It’s getting pretty dang attractive.

                    C 1 Reply Last reply
                    0
                    • C cyborganism

                      As time goes by, communism is becoming increasingly attractive. Like, real communism. Not the bullshit under Stalin or in China.

                      B This user is from outside of this forum
                      B This user is from outside of this forum
                      bystander@lemmy.ca
                      wrote last edited by
                      #11

                      People are so afraid of the word still. A balance of implementing sensible ideas from the political spectrum is the way.

                      If you lean too hard towards one ideology you almost always get a murderous autocracy.

                      China has not been a communist state for a long time. It’s a hyper capitalist state with socialist values, while still under a dictatorship.

                      1 Reply Last reply
                      8
                      • S sbv@sh.itjust.works

                        cross-posted from: https://lemmy.ca/post/48790317

                        T This user is from outside of this forum
                        T This user is from outside of this forum
                        StinkyFingerItchyBum
                        wrote last edited by
                        #12

                        It’s a stupid assumption of capitalism that anything unprofitable isn’t worth doing. Where the market fails to provide, government can step in. Government used to build social housing. There is an intense demand for futureproof housing, like resilient passivehouse styled housing, that private won’t do because it’s not profitable and government won’t do because they forgot they could do anything if they really wanted. A world dominated by energy concerns and climate change necessitates this.

                        We will dither until there is blood in the streets.

                        D D 2 Replies Last reply
                        7
                        • S sbv@sh.itjust.works

                          cross-posted from: https://lemmy.ca/post/48790317

                          softestsapphic@lemmy.worldS This user is from outside of this forum
                          softestsapphic@lemmy.worldS This user is from outside of this forum
                          softestsapphic@lemmy.world
                          wrote last edited by softestsapphic@lemmy.world
                          #13

                          Yes but it requires wealth redistribution

                          The opposite of the wealth consolidation that we have been allowing is redistribution of that consolidated wealth.

                          1 Reply Last reply
                          3
                          • N n3m37h@sh.itjust.works

                            We have to get rid of Doug Ford first

                            ultragigagigantic@lemmy.mlU This user is from outside of this forum
                            ultragigagigantic@lemmy.mlU This user is from outside of this forum
                            ultragigagigantic@lemmy.ml
                            wrote last edited by
                            #14

                            Don’t worry, the liberal party promised to pass electoral reform. Doug Ford voters should be free to vote for alternative political parties without a spoiler effect.

                            The liberal party kept their most important election promise right?

                            N 1 Reply Last reply
                            1
                            • A alexlost@lemmy.world

                              No. The people in the game have a vested Interest to keep home values high, and those not in the game don’t have any skin in the game to offer a valued opinion to those already in it. It could be fixed, but it won’t be because too many people are banking on the ever increasing value. Not to mention all those just getting in would be submarined by a loss of valuation. Their mortgage would probably immediately default as the value does not match the risk.

                              I don’t own, I think the whole thing is rotten. Just a realist. It’s never going to get better unless the government intervenes on everyone’s behalf, and more than half the voting block would be pissed if they even hinted at doing something. That doesn’t offer job security, and it’s sad that’s that is how decisions get made in this day and age. Good of the people, or good of the party, you can’t have both…

                              ultragigagigantic@lemmy.mlU This user is from outside of this forum
                              ultragigagigantic@lemmy.mlU This user is from outside of this forum
                              ultragigagigantic@lemmy.ml
                              wrote last edited by ultragigagigantic@lemmy.ml
                              #15

                              The party must die then. This is class war, no time for negotiations.

                              A 1 Reply Last reply
                              1
                              • E eatcasserole@lemmy.world

                                Have you seen China lately? It’s getting pretty dang attractive.

                                C This user is from outside of this forum
                                C This user is from outside of this forum
                                cyborganism
                                wrote last edited by
                                #16

                                I know there’s a lot of great things that China is able to do under their regime. Like building mass transit incredibly fast. But this comes at a great price though in terms of rights and freedoms.

                                D E 2 Replies Last reply
                                1
                                • ultragigagigantic@lemmy.mlU ultragigagigantic@lemmy.ml

                                  The party must die then. This is class war, no time for negotiations.

                                  A This user is from outside of this forum
                                  A This user is from outside of this forum
                                  alexlost@lemmy.world
                                  wrote last edited by
                                  #17

                                  Yeah, that’s the idea. No entrenched government of any side will touch this, we need to force their hands. Many in government are the same folks holding onto multiple properties for investment purposes. We need to make it unprofitable to do so, in any way WE can, because the courts will never back us, and neither will the government.

                                  1 Reply Last reply
                                  0
                                  • ultragigagigantic@lemmy.mlU ultragigagigantic@lemmy.ml

                                    Don’t worry, the liberal party promised to pass electoral reform. Doug Ford voters should be free to vote for alternative political parties without a spoiler effect.

                                    The liberal party kept their most important election promise right?

                                    N This user is from outside of this forum
                                    N This user is from outside of this forum
                                    n3m37h@sh.itjust.works
                                    wrote last edited by n3m37h@sh.itjust.works
                                    #18

                                    And thats a reason to the most inept and corrupt premeir in onterrible history? I dont care if another conservative gets in power, no party represents me currently

                                    1 Reply Last reply
                                    0
                                    • T StinkyFingerItchyBum

                                      It’s a stupid assumption of capitalism that anything unprofitable isn’t worth doing. Where the market fails to provide, government can step in. Government used to build social housing. There is an intense demand for futureproof housing, like resilient passivehouse styled housing, that private won’t do because it’s not profitable and government won’t do because they forgot they could do anything if they really wanted. A world dominated by energy concerns and climate change necessitates this.

                                      We will dither until there is blood in the streets.

                                      D This user is from outside of this forum
                                      D This user is from outside of this forum
                                      dragontypewyvern@midwest.social
                                      wrote last edited by dragontypewyvern@midwest.social
                                      #19

                                      There already is.

                                      Liberal nations will dither until the blood flows like a river and it costs a billionaire some money.

                                      1 Reply Last reply
                                      2
                                      • C cyborganism

                                        I know there’s a lot of great things that China is able to do under their regime. Like building mass transit incredibly fast. But this comes at a great price though in terms of rights and freedoms.

                                        D This user is from outside of this forum
                                        D This user is from outside of this forum
                                        dragontypewyvern@midwest.social
                                        wrote last edited by dragontypewyvern@midwest.social
                                        #20

                                        The freedoms the West is throwing in the trash without even getting healthcare and mass transit for it.

                                        C 1 Reply Last reply
                                        2
                                        • D dragontypewyvern@midwest.social

                                          The freedoms the West is throwing in the trash without even getting healthcare and mass transit for it.

                                          C This user is from outside of this forum
                                          C This user is from outside of this forum
                                          cyborganism
                                          wrote last edited by
                                          #21

                                          Yeah but whose fault is that? People chose this. China doesn’t have a choice.

                                          1 Reply Last reply
                                          1

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