Canada’s political and media class has spent years chasing convenient villains to blame for the housing crisis, pointing the finger at foreign buyers, immigrants, supply shortages, zoning rules, or an overheated market.
Canada’s political and media class has spent years chasing convenient villains to blame for the housing crisis, pointing the finger at foreign buyers, immigrants, supply shortages, zoning rules, or an overheated market.
This is not a new thing, access to housing has always been a fundamental mechanism of control in settlers colonial states. This was only recognised as a real problem once it affected privileged groups who have experienced enough generational wealth to normalize homeownership.
You’re right, most representatives who make our decisions on housing happen to be members of a privileged class which is actively invested in profiting off that control. It does not end at housing, the exact problem with reform in a capitalist system is the link between privilege and material wealth ensures that the interests of capital remain paramount in society.