I bought a condo that was part of an HOA. 5 year old construction. Purchased right before covid hit. Within the first year I had a chandelier fall out of the ceiling with no provocation, which I had to pay to fix. Then my 2nd bedroom started leaking from the roof and window during rain. A fucking 5 year old roof should not be leaking. The best part, I couldn’t pay to get the roof fixed because it was on the outside of the house and those repairs had to go through the HOA. During covid, I’d be in my garage making art, and people would drive through the cul-de-sac asking if any of the condos were for sale. It was my sign to get out. I hated it so much, still couldn’t get my roof fixed, and I still managed to sell it and make 20K profit. Much of the newer construction is absolute trash. Also, fuck HOAs.

If they need ALL the excess value and leave nothing they will have nothing.

Where is your source for this statement?

How dare you use facts and logic! This is whining sublemmy and I find it appalling that you don’t just whine like everyone else!

Thank you! I’ve heard so many Canadians on subreddits want collective punishment and don’t want American victims of Trump to come to Canada even though they can be a massive help to both our economy and our weight in the world through higher numbers of educated people (brain gain instead of drain)! Lets not forget 49.9% voted for trump, the rest are fine imo.

Eh, assholes are born everywhere.

Beyond the collective punishment thing, there’s also the concern about the effect on housing, which is more reasonable. Either BCH needs to be absolutely roaring by the time a big migration happens, or they’re going to have to stay in refugee camps until things slow down. When one of them asks specifically about leaving, I always say bring an RV.

Yeah, they all seem to gravitate towards that. Hopefully I’m helping.

Since I’ve been white knighting for developers and investors up and down this thread, I should probably mention that I still am team eat the rich, or at least team we shouldn’t have any rich. The funny thing is that they wish they were evil geniuses, like their opposite number around here seems to want to think.

Nothing goes over your head. Your reflexes are too fast. You would catch it.

Cool thanks for the source clown.

I really don’t understand, how do people have the gaul to make such an outlandish comment and publish onto the internet? At least try to prove such an outlandish statement with something.

Yeah, I agree with everything you said!

You’re asking for a source for a snide comment “published” on lemmy.

Get a clue.

You know how I know there’s nothing in this article that pertains to the best interests of Canadians? It’s sources are in the real estate industry, the least talented yet most entitled group of “entrepreneurs” the world has thus far produced.

The underlying problem is houses are priced to high. There is no such thing as an “unsold home” - they are overpriced. Mystery solved.

The thing we’re worried about here is unbuilt homes. I think I actually laid it out pretty clearly.

Overpriced homes will go unbuilt, as will homes for foreign investors and homes for short term rentals. That’s all good news so far. Demand for affordable homes for Canadians homes will continue, and so will supply. Supply of those homes will increase as supply of the overpriced decreases - ie when the real estate industry starts building what people want and no what they want to sell.

“homes will go Unbuilt if we don’t bend over for the real estate industry” is exactly the same lie as “if we tax Job Creators the jobs will go away”.

The homes in the article were the affordable kind.