70
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 18 Aug 2023
70 points (100.0% liked)
Canada
7185 readers
268 users here now
What's going on Canada?
Communities
π Meta
πΊοΈ Provinces / Territories
- Alberta
- British Columbia
- Manitoba
- New Brunswick
- Newfoundland and Labrador
- Northwest Territories
- Nova Scotia
- Nunavut
- Ontario
- Prince Edward Island
- Quebec
- Saskatchewan
- Yukon
ποΈ Cities / Local Communities
- Calgary (AB)
- Edmonton (AB)
- Greater Sudbury (ON)
- Halifax (NS)
- Hamilton (ON)
- Kootenays (BC)
- London (ON)
- Mississauga (ON)
- Montreal (QC)
- Nanaimo (BC)
- Oceanside (BC)
- Ottawa (ON)
- Port Alberni (BC)
- Regina (SK)
- Saskatoon (SK)
- Thunder Bay (ON)
- Toronto (ON)
- Vancouver (BC)
- Vancouver Island (BC)
- Victoria (BC)
- Waterloo (ON)
- Winnipeg (MB)
π Sports
Hockey
- List of All Teams: Post on /c/hockey
- General Community: /c/Hockey
- Calgary Flames
- Edmonton Oilers
- MontrΓ©al Canadiens
- Ottawa Senators
- Toronto Maple Leafs
- Vancouver Canucks
- Winnipeg Jets
Football (NFL)
- List of All Teams:
unknown
Football (CFL)
- List of All Teams:
unknown
Baseball
- List of All Teams:
unknown
- Toronto Blue Jays
Basketball
- List of All Teams:
unknown
- Toronto Raptors
Soccer
- List of All Teams:
unknown
- General Community: /c/CanadaSoccer
- Toronto FC
π» Universities
π΅ Finance / Shopping
- Personal Finance Canada
- BAPCSalesCanada
- Canadian Investor
- Buy Canadian
- Quebec Finance
- Churning Canada
π£οΈ Politics
- Canada Politics
- General:
- By Province:
π Social and Culture
Rules
Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:
founded 3 years ago
MODERATORS
Goes without saying, but in fairness, this one is actually a federal issue.
Like you point out, it is the land values that have increased, not the structure cost. Why? Because dairy and poultry farmers, propped up by an old-timey socialist solution to supporting agriculture β which, in modern times, has pushed beyond just supporting agriculture and has transformed them into being the richest Canadians β are buying up all the farmland they can get their hands on at hyper-inflated prices. If you get away from the productive farmland, into the rocky expanses of Canada, housing has remained quite cheap.
Thing is, it used to be that cities could buy up farmland for practically nothing, thus allowing new housing to be cheap, but those days are over (arguably for the better, as farmland is important, but that comes with a cost). They have to now be able to outspend the diary/poultry producers for that land, which is no easy feat. Even if the urban sprawl ultimately wins, it has to pay more than it historically would have when farmers were poor and unable to drive prices up in competition. And that is cost that you, the homeowner, ultimately have to burden.
I'll note that only Mad Max is willing to do anything about it. Take from that what you will.