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And you wonder why housing is so expensive... Its called supply and demand

Basically, for the past four years, Biden, Harris and the Democrat Party have spent hundreds of billions of US tax dollars flying illegal immigrants in and basically leaving America’s borders in Mexico and Canada wide open to mass illegal immigration. Then they lied to the American people about the real numbers and how bad the problem really was. In the past few years, the Democrats have spent billions throughout all of our federal agencies via misappropriated US taxpayer funds that were earmarked for American citizens or American infrastructure and development, then used these misappropriated, taxpayer funds to provide housing, food, education, medical care, and in most cases, luxury hotels. Just within the past two weeks FEMA spent over $500 million to provide luxury hotels for illegal immigrants yet a few weeks ago they were still claiming that they didn’t have enough money to help American citizens who suffered catastrophic loss during recent hurricanes and wildfires. The simple fact that Democrats got more upset that Elon Musk bought Twitter than they are, that their own political party in government for the past four years, has literally been holding them at gunpoint and forcing them to pay taxes so that they could steal it or launder it into their own campaigns and pockets is literally disturbing! WTF!!!! If any of those other federal agencies are ran or funded the way U.S. AID were, with the massive corruption, misappropriation, fraud and theft of taxpayer funds, then I hope DODGE goes through an completely audits, every single federal agency in the United States. No wonder the Democrats are freaking out the way they are, if the Republicans got caught this bad with their hand in the taxpayer cookie jar, then you know the Democrats would be screaming a different tune. The Democrats are trying to manipulate taxpayers into believing utter nonsense like their phrase “ no one voted for Elon Musk. “ but in reality no citizen ever votes for the hundreds of the civilian presidential appointed positions to run these federal agencies, every new president pics/appoints to these positions every term. It definitely explains why hard-working tax paying men and women are getting completely ripped off and robbed every time they look at their paycheck and see how extremely and unnecessarily high taxes are now. The Democratic Party has completely destroyed its reputation with the American taxpayer, they got completely exposed for their corrupt, anti-American, extremist, radical,and woke liberal agenda. They were absolutely using tens of millions of US taxpayer funds to finance terrorist organizations like the Taliban and Isis, billions of US taxpayer funds, pushing their racist and sexist woke liberal DEI agenda across the globe, they were absolutely bribing corporate news media to control the narrative and manipulate the American people to influence elections via corporate news media subscription payments to very left, leaning news organizations, such as politico and others, that were clearly and obviously bribes to the media, just one of the NGO of many organizations under U.S. AID paid $75,000 of taxpayer money a year for a Digital subscription to politico’s corporate news outlet , that any one could sign up for $10 a year like any other news outlets digital subscription. The list of fraud, corruption, and very obvious US taxpayer funds theft, just goes on and on and on. I think the worst betrayal of it all is the fact that any US tax paying citizen or to steal one single US tax dollar from the government, we would be publicly arrested, put in handcuffs, charged with a felony, and prosecuted to the absolute max, the law would allow, but these Washington elite politicians are allowed to do this without even a public slap on the wrist is the most disgusting and devious, betrayal, and loss of trust that the American taxpayer has ever known.???????????????????????????????????????????

Let’s get something straighter buddy you leave your country to come to Canada then you try to change where you left to where you were you can’t bring your culture here man we don’t want it and you’re everywhere and you’re buying a pull of businesses and then you don’t hire diversity and then when someone calls you out for it, then we’re racist The whole system is corrupt it’s hypocritical and you’re full of shit that’s got something else straight y’all stink you don’t shower there’s like 30 you live in one household and we wonder why the housing markets through the roof Indians are to blame for everything but on the other end It’s true fault for letting you get in here the package shit go back to where you came from

Some of the stats cited here are straight up wrong or... creatively employed, and there's a lot of contradictory information and the typical conservative 'the sky is falling' sensationalism and misattribution. That said, the bas supposition isn't wrong. The bubble we've been sitting on for 20 or so years has completely burst. As someone born and raised in the Toronto area, it's impossible for me to afford to own a house or apartment here on a teacher's salary. Even rent pushes me to the limit unless I want to live in a... less than nice area. I'm living hand to mouth and enjoying the benefits of living in a 'developed' country less. Here's why:\n\n1. Wages aren't really even close to keeping up with the cost of living. The first tick upwards a bit. The second just keeps rising on the back of housing, food, amenities, and inflation: the four horsemen.\n\n2. Our grocery cabal ruthlessly raise prices whenever we look away, and their lobbyists are all ensconced within the leadership of our three major parties, particularly the Conservatives (so if anyone thinks that electing them will help, they're in for a nasty surprise).\n\n3. We're experiencing 'labour shrinkflation': increasing duties are downloaded onto workers and more is expected: more productivity, more availability (almost 24/7 in some jobs), and higher qualifications. Meanwhile, real wages are decreasing relative to living cost, more positions are 'contract', which is basically a way for employers to not have to give you benefits, and job security is tenuous for a lot of people.\n\n4. Houses are being bought by investors and not owners. Foreign entities are money laundering. The wealthy upper crust of high population countries are moving here and buying property because Canada is (still) more safe and stable and less repressive than their home countries in most cases. \n\n5. There's a cycle beginning: as people are squeezed and forced to spend more on 'needs', they spend less on eating out, entertainment, and other 'wants'. These are significant drivers of the service economy and they're being hit hard. So, what can they do? They can let go of workers or lower product costs to remain profitable, but they their quality declines and, in a market where people are pinching every penny and looking for quality for their dollar, they're less likely to go back. They can raise their prices, of course, but then they price people out completely and their profits still tank. I went to a decent steakhouse for my dad's 60th last week. I can't remember the last time that I went to one before that. \n\n6. Our politicians and news cycles focus on the most niche and irrelevant stuff because it'll stoke anger and get tongues wagging. This carbon thing is almost a non-issue, but our conservative leader is harping on about it like it's singlehandedly the death of the Canadian economy when it's a drop in the bucket. Trudeau focuses on 'equity' measures, hoping for a bit of cheap good press, while his efforts are, for the most part, just window dressing and the issues, while meaningful, are often not of paramount importance or even applicable to the vast majority of the people who elected him. Meanwhile, the middle class is pretty much evaporating as he speaks. The NDP keep talking about this in a pretty real way, for what it's worth, but Jagmeet Singh is giving off an increasing vibe of just being another fat cat politician beneath his rhetoric these days. Also, third-party trolls and screeching conservatives try to bury him on social media whenever he speaks... a lot more than other leaders as well, oddly. I wonder why? Oh yeah, the Greens exist and there's Quebec and the conspiracy theory party.\n\n\nUltimately, what we're experiencing is the revenge of the feudal system. Instead of paying rents to your lord and doing labour on the land for him whenever commanded to, you pay rent to your landlord now and go to work even when you're sick or when work hours are over because you have no union protection or are working 'on contract'. Unless we want to live in the armpit of nowhere, 95% of us are going to be wage slaves living hand-to-mouth, not owning our own property, and working to please our corporate overlords if current trends continue unchecked. While some of Canada's problems are unique, I fear that most aren't. As for me, I'm headed to the 'armpit of nowhere' where I can at least have a ghost of a chance of affording life.

As a Canadian we shouldn’t be inviting more people into our country until we can level out the housing prices and the cost of food and if you invite more people in then houses being built I wonder why people are leaving

Think about it - the hefty tax rates are essentially robbery. When you have the option of driving two hours and cross the border to work under a TN, why on earth would someone stay? The tax code here is so dumb. It does not foster a healthy market; it is a means for locals to rip off those with assets. But guess what? the smart, the intelligent and the rich will flee, leaving the mediocre, the lazy, the weak and the elderly on this soil. No wonder they whine about the housing prices all day long. Did it ever come to their attention that the housing price of Toronto is 1/3 or less than that of manhattan, SF, Beijing Hong Kong etc. it is a nation slaved by poverty thinking. Does it make any sense to limit foreigners buying homes in Toronto? This is foreign direct investment that benefits your damn economy, but you cant stand the whining of those who cant afford a home and banned it. of course you are gonna lose the capital. You raise tax again, squeezing more hard-working smart folks away. What a pity! Yes it is harsh. But this is what you get when you forget everything in economics and zero in on equality.

Canada is a mess, only one political party to blame ?‍♂️?‍♂️?‍♂️. This is what happens when you let too many unskilled people in and not enough housing or work for them to do. Then you allow everyone to get stoned legally then you allow harder drugs to be used legally. Then you wonder why the vulnerable are taken advantage of by all the drug dealers…

You mean that immigrants who are coming for a better life are disappointed with sky high taxes, increased housing prices, increasing crime rates, lower jobs and to add to this 6 months of frozen landscape. \n\n\nHmmm.. As an immigrant who is dying to get out of here, I wonder why?

Yes actually I do have a comment or two. I think that Toronto has become the victim of either its own success as a multicultural, diverse and growing metropolis or the perceived idea that Toronto is the place to be. And what that brings with it? Yes, people who are interested in living the life and those who can afford it pay it. You said it very well, the city has become unaffordable to most people but the wealthy or at least those who are getting paid the best salaries and those who bank on real estate take advantage of this, be it the hype or reality since also, most job opportunities are still there. So to me the problem is with the lack of contro of the real estate market. And people who cant pay but for whatever reason live there just have to pay the price. The refugee situation is not surprising to me at all. We are struggling with affordable housing for crying out loud but we are also advertising to the world that we are that welcoming and peaceful society that those people can be part of. But at what cost. Toronto cannot continue like this if it will still be considered as a city for the people and not the wealthy and chronically increasing poor. No wonder they chose a progressive for a mayor and not a conservative or hard line liberal because people want change but not radically. People want to live in the best city they can having all necessary services and in peace and safety. So, there are so maby layers to pill here but again, the main reason why things have gotten the way they are is because they let real estate run unleashed. All the best, Alina.

This is crazy , wonder why the drug problem is rampant in our country ? Wonder why there is a 300% increase in crime in the cities ? Wonder why there is a housing crisis ? Wonder why our country is falling apart at the seams ? HERE IS THE REASON ! Now ….HERE IS THE SOLUTION …#1 You want citizenship here ? You are immediately enlisted in the armed forces for a minimum of 4 years .#2 You are sent to school in the military to read and write english . #3 If you refuse to swear allegiance and enlist ( you are not given visa , green card status ) nothing …you go home . #4 if you have a felony criminal record …you go home ….#5 sex offender ? You go home . #6 No money made here in the US being deposited in oversea accounts . #7 There is a limit on how much $ can be sent to the family of recent US citizens , can be lifted after 2 years of living in US . #8 No recent US citizen can hold any political office , anywhere …#9 Failure to abide by the laws in this country be it state or federal , you go home citizenship revoked ( within reason ) #10 No flying your previous countries flag or colors on your car or home . What ? Sound communist ? It’s not , these are guidelines for several countries , Israel being one , there it’s 2 years military svc , women included . New Zealand , Australia , japan , etc …….

Immigration: #1 cause of Climate change and CO2 emissions in Canada. More immigration higher carbon taxes. Immigration: #1 cause of crime, gangs and guns in Canada. Look at RCMP 25 most wanted, 20 are immigrants. Shootings in Toronto, immigrants. Immigration: #1 cause of inflation, housing crisis, health care chaos- more immigrants, inflation rises, you will never buy a house, you will wait longer for health care. Immigration: costs $50 billion/yr to finance them, over the past 50 yrs immigration has added $600 billion to our taxes and debt. Immigration is the number cause of most of Canada's problems. I've never heard a Politician list off any benefits to Canadians of immigration. In fact the internet is void of any sats or data- I wonder why!