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Sharkbits t1_iqznfh0 wrote

Reply to comment by zachem62 in Flipping tax proposal 'really scary,' says B.C. MLA who bought and sold 3 homes in 4 years by RidePlanet

Yeah, living here kinda sucks. I’m only in university, and I realise that in all likelihood, I will never own a house here, or hell, even own an apartment. It’s kinda depressing that if I ever really want to strike out on my own it will mean abandoning the city I grew ip in.

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zachem62 t1_iqzqozr wrote

If the status quo continues, you're right. But this, among other proposals that David Eby has included in his housing policy are a big step in the right direction, even though they don't go far enough IMO.

But the biggest impediment here are the city councils that decide the zoning. The current system is made to restrict supply to artificially inflate the price of houses to benefit investors and existing homeowners. The only way to change this is to make sure you vote in the upcoming municipal elections for candidates that support making housing affordable.

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