FSW WORLDWIDE

[Impatient Dankaroo]

Actually the solution is simple but no one has guts to take it....

Gut the real estate market. Let people suffer in short term. Release flood gate of land supply, allow massive amount of imports of building materials, fix building codes to allow prefab and manufactured homes everywhere and screw the trades people union by removing lots of red tape that goes around protecting their jobs. It will reset the price point to where it should be. But then anyone who does it will become unelectable.

It was kind of done after world war 2 for returning soldiers... It worked for them.

Quick question: who is building the houses? There's a shortage of skilled construction workers/electricians/tradespeople needed to build modern day houses

 

[abhiram.kumar]

Canadians generally very socialistic (moreso than US) and similar to West European countries. Problem is the younger generation expects to have the Standard of Living that their parents/grandparents did and are angry that they can't. They want the government to pay for everything to makeup for this reduction in SOL but don't understand that Canada's economy isn't nearly as competitive as it was back then + more old people. Instead of lowering taxes, breaking up unions and encouraging business investment, they are doing the opposite. Immigrants are also an easy target.

Lol. The word socialism gets overused a lot without anyone understanding what it really means. Neither Western European countries nor Canada are socialistic. They are all free market economies with welfare states. You would never have seen a housing crisis in socialist states because the government would be the one building public housing and they would have banned people from owning investment properties. Financialisation of housing happens precisely because they are capitalist economies.

 

[GandiBaat]

Quick question: who is building the houses? There's a shortage of skilled construction workers/electricians/tradespeople needed to build modern day houses

You can save labour in house building by "manufacturing" blocks of houses in a factory and then ship them. Pre-Fab and Manufactured homes are a good way to save time and money. But building codes are setup in such a way that they restrict manufactured homes to trailer parks. There is a negative sentiment associated with manufactured homes in Canada; based on a old TV series called "Trailer Park Boys". Many neighbourhoods actively try to push those away. They believe presence of manufactured homes in their neighbourhoods will depriciate the value of their own homes.

Also if you break the monopoly that trades union and guilds have on construction labour, you can bring temp workers from other countries who can speed up building.

Once I was looking for a lot and my plan was to put a manufactured home on that lot to save me some money. But after discussion with townhall I found that neighbourhoods ACTIVELY push against such kind of dwellings by Bylaws. The townhall does not want to get into that mess too and police also is very reluctant to enforce property laws in such cases.

 

[Impatient Dankaroo]

Lol. The word socialism gets overused a lot without anyone understanding what it really means. Neither Western European countries nor Canada are socialistic. They are all free market economies with welfare states. You would never have seen a housing crisis in socialist states because the government would be the one building public housing and they would have banned people from owning investment properties. Financialisation of housing happens precisely because they are capitalist economies.

Ok replace socialistic with social welfare state

You can save labour in house building by "manufacturing" blocks of houses in a factory and then ship them. Pre-Fab and Manufactured homes are a good way to save time and money. But building codes are setup in such a way that they restrict manufactured homes to trailer parks. There is a negative sentiment associated with manufactured homes in Canada; based on a old TV series called "Trailer Park Boys". Many neighbourhoods actively try to push those away. They believe presence of manufactured homes in their neighbourhoods will depriciate the value of their own homes.

Also if you break the monopoly that trades union and guilds have on construction labour, you can bring temp workers from other countries who can speed up building.

Once I was looking for a lot and my plan was to put a manufactured home on that lot to save me some money. But after discussion with townhall I found that neighbourhoods ACTIVELY push against such kind of dwellings by Bylaws. The townhall does not want to get into that mess too and police also is very reluctant to enforce property laws in such cases.

Agree, unions need to be broken but never gonna happen here

 

[GandiBaat]

For those who want to see how "Free Market" in Canada works and well... crashes :

Its a two part documentary. On how Nortel become a massive giant and .... blew up entire economy of Canada. Warning : 1:30 hours each. Short summary, Nortel started as an assembling partner of Bell/Lucent, became independent 60s or so and started producing independent products, became massive, Canadians put all their money and pension in it and then ... it blew up tanking Canada's economy and pensions.

Why should you watch it?

Because it shows you how fucked up "Free Market" in Canada gets..
Because it shows how Canada has a fundamental relationship with greed... It makes them really blind. I mean really.
Because it shows that when shit really hits the fan, first one to dump its vulnerable people is Canadian goverment.
Because it shows how deeply ingrained "value signalling" is in this society.
Because it shows just how great Canadian folks are at blaming things on other and finding an external cause who is unfair, uncouth and foreign... They ... never look for the real obvious systemic issues. (Frankly, I was literally shaking my head during the section when the real issue that killed Nortel was discussed. It has all the echos of the current housing crisis. Everyone tries finding the villians, except... there was none!)

Most importantly, it shows how really big business in Canada work. It is really eye opening.

If nothing, just watch the second half of the second video. Personally, it was very very interesting for me but then, I do not expect a rather dry documentry to be everyone's taste.

@iSaidGoodDay If you get time, do watch it.. Just double the speed of the video. It sounds funny but very understandable.

 

[zarashah]

Which IRCC office processes TRV , the regional ones or the ones in Canada

 

[iSaidGoodDay]

You're an optimist I see. I don't trust the government to do anything. Look what they're doing with TransMountain pipeline. Went from an 8B project to 30B+. Do you think they can be trusted with creating affordable housing? If so, I have a bridge to sell you..

I was talking about post WW2 construction work that the govt did in past, it was actually very good plan on their part. Seems like it is back on table again: https://globalnews.ca/news/10164221/ottawa-pre-approved-housing-plans/

 

[aj534160]

https://www.ctvnews.ca/canada/this-is-what-canada-will-look-like-in-20-years-are-we-ready-for-an-aging-population-1.6652355

 

[aj534160]

https://www.smh.com.au/politics/federal/the-universities-set-to-lose-millions-of-dollars-in-international-student-crackdown-20231212-p5eqw9.html

 

[iSaidGoodDay]

https://www.smh.com.au/politics/federal/the-universities-set-to-lose-millions-of-dollars-in-international-student-crackdown-20231212-p5eqw9.html

Article is paywalled. What's the summary?

 

[Impatient Dankaroo]

Article is paywalled. What's the summary?

Diploma mills to lose money now that sub-par lamdas cannot enroll

 

[GandiBaat]

Which IRCC office processes TRV , the regional ones or the ones in Canada

Outside Canada it is counslates who do it. Inside canada it is IRCC who do it.

 

[iSaidGoodDay]

Diploma mills to lose money now that sub-par lamdas cannot enroll

5-10 years from now, these countries will open up to int'l students again, do the same, and the cycle of "crackdown" on their own greed continues.

 

[Impatient Dankaroo]

5-10 years from now, these countries will open up to int'l students again, do the same, and the cycle of "crackdown" on their own greed continues.

Hopefully. It will give me enough time to become a slumlord for that wave

 

[Lord_Tony]

5-10 years from now, these countries will open up to int'l students again, do the same, and the cycle of "crackdown" on their own greed continues.

this is sounding like the Matrix movie.