NDP has been doing a good job with Ravi Kahlon on housing. I don’t even vote by elimination, I think they’re doing a good job. Folding on decriminalization and the blind eye for LNG has been my biggest disappointments but still overall satisfied with the last 2y of provincial government.
I appreciate the Tyee squeezing every possible angle against this but…
trading partners take the threat of climate change seriously and use carbon tariffs to punish other countries they see as free riders
The US and they would be happy to see the carbon tax go away, so they don’t have “communism” nearby, and we know that “trading partner” for Canada means mostly the US. The odds of Canada getting sanctioned for backtracking a 1 yr old tax is negligible.
This is addressed in the article (A greening American leviathan), but I won’t be holding my breath. Even if carbon tariffs has bipartisan appeal for now, let’s see what happens when the time comes.
keeping returns below inflation will divert investors from the real estate market over time.
There are multiple types of Real Estate investors. We want to attract investors who build, who finance land development, infill, retrofits and so on. These will keep coming because the goal is to sell the labor of construction, and that can still be profitable. We don’t want to attract land speculators or rent-seekers, these provide little value to the market.
They will HODL however if not presented with exit strategy. If they are allowed time to divest and exit - they will IMO
Investors (i.e. institutional/professionals, not amateurs) don’t hold on to investments because they lack an exit strategy. It’s the exact opposite. Investors get rid of assets as soon as there’s enough information to say a loss is likely.
But in any case, I was discussing the outcomes under the hypothesis that home prices are following inflation, so the hypothesis includes the assumption that there’s enough market transactions to put those prices under control.
I’d say that would be fine in theory, if “retain its value” meant that housing would follow very closely but tailing local inflation. That won’t happen though. As long as “housing needs to retain its value” ideology runs the country, housing will be viewed as an investment and scarcity will cause it to push inflation upwards. Even trying really hard to quell these prices it might beat inflation, and even if it were a success it would take decades of nominal-growth with negative-real-returns to bring those prices to parity with incomes.
So no, even if “technically maybe?” the answer is still no.
they need to open the code enough for fans to keep the game functional
That makes sense. Another commenter pointed out that even for defunct MMORPGs people were able to spin up their own servers to keep the game alive. If companies are forced to provide something to help that, it’s already a win.
I’m not hopeful Canada would be able to pass legislation forcing companies to open source things, though. Maybe if this was the EU lol our track record of fighting tech companies hasn’t been pretty.