Considering how crazy expensive accommodations have become the last couple of years, concentrated in the hands of greedy corporations, landlords and how little politicians seem to care about this problem, do you think we will ever experience a real estate market crash that would bring those exorbitant prices back to Earth?

  • randon31415@lemmy.world
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    1 year ago

    What about apartments? Dorms? Would that make being homeless illegal?

    Canada banned foreign ownership, and a bunch of local shell companies popped up. So it is not as simple as it sounds.

    • cheesepotatoes@lemmy.world
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      1 year ago

      Canada didn’t ban shit. The Prohibition on the Purchase of Residential Property by Non-Canadians Act is just a token gesture so that politicians can say they did something.

      Since permanent residents and private corporations can still buy real-estate property, in practical terms literally nothing has changed.

    • schroedingershat@lemmy.world
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      1 year ago

      If you don’t live in the building and it’s for permanent accomodation, you don’t own any part of it. Very simple. Feel free to rent out part of the building though if you do.

      Whatever mental gymnastics you did to get from there to homelessness being illegal don’t apply.

      • randon31415@lemmy.world
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        1 year ago

        |Make it illegal to own a home you don’t live in -> Feel free to rent out part of the building though if you do.

        Wouldn’t renting out a building you don’t live in be illegal? Or is AirBnB a loophole?

        • schroedingershat@lemmy.world
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          1 year ago

          Wouldn’t renting out a building you don’t live in be illegal

          Yes. That’s the point. You can own it if it’s your residence even if someone else lives there too.

          Also you don’t seem to comprehend the concept of bed and breakfast

          • randon31415@lemmy.world
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            1 year ago

            So the only apartments in this brave new world would have the landlords literally living in them with you. That doesn’t sound like an upgrade to me.

            • schroedingershat@lemmy.world
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              1 year ago

              Your grasp of the distinction between apartment and building is as abysmal as every other concept you mention.

              Also you seem to be equally ignorant of the idea of owning an apartment and of social housing.