Avid Amoebacake to Canada@lemmy.ca • 1 year agoBank of Canada raises its interest rate to 5%www.cbc.camessage-square71fedilinkarrow-up1188arrow-down13cross-posted to: technews@radiation.partyCanadaPolitics@kbin.social
arrow-up1185arrow-down1external-linkBank of Canada raises its interest rate to 5%www.cbc.caAvid Amoebacake to Canada@lemmy.ca • 1 year agomessage-square71fedilinkcross-posted to: technews@radiation.partyCanadaPolitics@kbin.social
minus-square@zeryx@lemmy.fmhy.mllinkfedilink5•1 year agoI think that’s the intent right? How else are property values going to stop skyrocketing if no one is under any sell pressure?
minus-square@ArcticFox@lemmy.calinkfedilink2•1 year agoCreating sell pressure is a tiny part of the solution. The real problem is supply. We need 10x the current build rate. Zoning laws, out dated transport infrastructure and greedy developers will ensure this remains a decades long problem.
I think that’s the intent right? How else are property values going to stop skyrocketing if no one is under any sell pressure?
Creating sell pressure is a tiny part of the solution. The real problem is supply. We need 10x the current build rate. Zoning laws, out dated transport infrastructure and greedy developers will ensure this remains a decades long problem.