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2026-01-28 0
Big L for the Canadian Government
2023-12-31 0
I think your reading of the situation is slight from the wrong end of scope. \n\n1> the job of the Canadian gov is to look after Canadians. (Yes they allow immigrants but that is for the benefit of Canadians and not the other way around. \n\nThe house prices are intentionally kept high. The reason is because it makes existing citizens richer. (Year on year) these people vote and the gov would like their vote) . Creating huge supply of housing is going to crash the market and that will end up people feeling poor. (Values will drop : demand and supply) . Falling values mean people will feel poor and then less likely to vote for the current administration.\n\nI am based in UK which is experiencing record amount of immigration. \n\nTaxes here are high.(I don’t mind high taxes as long as there are good public services to show for them) \n\nGood roads \nHigh speed internet \nGood infrastructure \nHospitals \n\nSo the job of the gov (in western hemisphere) generally is to keep the voting public happy. \n\nThat involves \n\n1>Good public services (most are social states and people accept high taxation as a trade off for good public services) \n\n2> rising house prices. (Voting public wants to feel richer and owning your home is like your retirement and pension pot. Most of the wealth in uk is stored in property. (I guess same in Canada to some extent ) \n\n3> control of immigration. People want immigration but want good immigration l. People who will come and contribute to society. Too much of it can be an issue for existing citizens and also immigrants themselves selves.\n\n\nOn a separate note. People deciding where to settle always remember. Long term the proximity to the world matters . Europe is still the centre of the world. Cross east to Asia and west to Canada and USA etc. living in Canada (west coast specially is like the edge of the world just like living in NZ ) \n\nPopulation matters. \nThe Canadian population and Australian population is less than of Uk (as far as I know ) and the land mass is huge. It is not a big market compared to some of the countries compared to Europe. \n\nMore people = more demand = more big companies want to compete =lower prices for consumers and less inflation .\n\nJust some thoughts on this last day of 2023z happy new years all .
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