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Originally Posted by Arrdeeharharharbour
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It's your second point I can't yet reconcile in my mind. As a retired boomer who still occupies a home should I be out there building a home for the worker that replaces me? Aren't we at a point where perhaps most (or certainly a large share of) homes are occupied by non working boomers and yet our previous work still exists and requires employees who have to live somewhere...but not my home? And like there was once a boom in births won't there soon be a boom in deaths leaving many homes empty? I have wondered if the media is shying away from stories on a boom of deaths not wanting to offend or scare-off the (old) readers/customers they have remaining? Anyway, this looks to be a major issue in a not too far off federal election.
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One of the underlying causes of the current housing crisis is decades of bad policy. But the bigger cause by far is the number of new immigrants, permanent residents, and non-permanent residents that require housing. Canada has experienced one of the fastest population increases in the world. Not the Western world - the world. We simply do not have the capacity to build our way out of this at the current rate.