this post was submitted on 20 Sep 2023
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Conservative Leader Pierre Poilievre has introduced a private member's bill in the House of Commons that outlines a plan to address the national housing crisis.

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[–] [email protected] 2 points 2 years ago (1 children)

I agree completely. There is no quick, easy, silver bullet for this.

But it is a bit of a problem if the lobbyists are actively positioning all of our politicians to keep things as they are.

[–] [email protected] -1 points 2 years ago* (last edited 2 years ago)

There is no quick, easy, silver bullet for this.

There is a slow, easy, silver bullet, though: Waiting. The cure for high prices is high prices.

In fact, it's pretty clear that the housing market already crashed in 2022. Just look at the data:

It even features the classic dead cat bounce – the surest sign of all that a market has crashed. All we have to do now is wait for the market to find the bottom.