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Re:Investors account for 30 per cent of home buying in Canad... by likenesstheft on Saturday September 09, 2023 @11:25AM (#37446449)
Sounds like your government should stop sabotaging its own citizens’ future with that amount of displacement. Not sustainable.
Re:Investors account for 30 per cent of home buying in Canad... by wredue on Saturday September 09, 2023 @11:30AM (#37446528)
Immigration remained mostly consistent and “definitely not ‘millions’” till last year when it hit 500,000 for some reason:

https://www.statista.com/statistics/443063/number-of-immigra...

The whole “millions of immigrants” is just a property of the recent alt-right attempt at a take over of HN.

Looking around, it appears that immigration rates were raised due to aging population issues. While other places around the world are looking at moving retirement to 75.

Crony capitalism is causing higher immigration, so it’s somewhat hilarious for these people to think that an even more crony party is going to help offset this.

Re:Investors account for 30 per cent of home buying in Canad... by jilX on Saturday September 09, 2023 @11:39AM (#37446635)
I was looking separately and I think I found where the claim comes from: > The federal government's latest immigration levels plan, released last fall, would see Canada welcome 500,000 immigrants annually by 2025. In contrast, the immigration target for 2015 was under 300,000.

Then:

> In 2022, Canada's population grew by more than one million people, a number that included 607,782 non-permanent residents and 437,180 immigrants. https://www.cbc.ca/news/politics/feds-immigration-strategy-s...

Re:Investors account for 30 per cent of home buying in Canad... by likenesstheft on Saturday September 09, 2023 @11:43AM (#37446670)
That’s a lot of people. Where are all those people going to be housed? Where will the resources for their education and gainful employment come from? Is the Canadian job market exploding with a huge amount of well paying jobs such that Canada’s children have multiple options to pick from, or will everyone be competing for scraps?
Re:Investors account for 30 per cent of home buying in Canad... by SamoyedFurFluff on Saturday September 09, 2023 @11:47AM (#37446714)
So I don’t know how much you know about economics but it’s well known that gaining an increased population of working aged adults is actually pretty good for the economy, because they generate demand (create jobs) and then also take up jobs (generate supply). Immigrants are more likely to be entrepreneurs and statistically consume less social services.
Re:Investors account for 30 per cent of home buying in Canad... by likenesstheft on Saturday September 09, 2023 @11:56AM (#37446817)
I know a lot about economics. What Canada is doing is not sustainable. Your leaders are cutting your children’s legs out from beneath them. What you described only works when there’s a very stable base for the citizens to rest on. If you are bringing in such a huge number of people and there isn’t already a huge surplus of educational materials and housing and work opportunities, you are just reshaping your country through unfair competition so that your political dynasties can keep skimming off the top while you wither away. They get away with it by bringing in people who don’t know better and who will be happy with 10% of the typical Canadian lifestyle, while the ones who know better get forced into a rigged contest for fewer and fewer scraps.

Is there a surplus of well paying jobs? Say…are there 5 million well paying jobs that are unfilled? Is there a surplus inventory of properties approaching 5 million extra homes? Is college enrollment experiencing 50% vacancies across the board?

No? Then it is just a shell game so your bad leaders can continue to skim from the top for their luxurious and pompous lifestyles.

Re:Investors account for 30 per cent of home buying in Canad... by ecommerceguy on Saturday September 09, 2023 @11:45AM (#37446687)
"In 2022, Canada’s population grew by an unprecedented 1.1 million people, most of them permanent and temporary immigrants."

From StatCan - The Canadian Census. "alt-right" my ass.

https://www.statcan.gc.ca/o1/en/plus/3861-40-million-strong-...

Your CBC news link 404's.

Re:Investors account for 30 per cent of home buying in Canad... by wredue on Saturday September 09, 2023 @11:59AM (#37446854)
Temporary immigrants are the largest majority of that, and I, along with numerous economic studies, tend to agree that temporary immigration is poor.

Once again, however, it is still just a “hurr durr de brown peoples is takin err jerbs” stance.

The reason I know that this is what it boils down to is because TFW expansion has occurred under all governments, even the ones that scream populism.

It’s difficult to take people seriously who scream about immigration and then simultaneously go on to scream that I should vote for a party that … also supports massive TFW rates.

Re:Investors account for 30 per cent of home buying in Canad... by likenesstheft on Saturday September 09, 2023 @12:04PM (#37446914)
Is there a surplus of well paying jobs? Say…are there 5 million well paying jobs that are unfilled? Is there a surplus inventory of properties approaching 5 million extra homes? Is college enrollment experiencing 50% vacancies across the board?

No? Then why are you the first one mentioning brown people? Are you really that desperate to feel good about virtue signaling on a hacker news thread? Putting citizens first has nothing to do with disliking someone of another race, culture, or skin color. It is basic common sense.

Re:Investors account for 30 per cent of home buying in Canad... by wredue on Saturday September 09, 2023 @12:23PM (#37447106)
I am talking about the actual policies of the governments involved and how I know that the actual policy means that your position is not based on the actual policy.

I understand why you chose to ignore the actual policy to virtue signal to your alt-right buddies, because the actual policy doesn’t align with you.

Conservatives are pro TFW expansion.

Liberals are pro TFW expansion.

PeePee is not “putting citizens first”. Their plan is to expand TFW because that’s what cronyism demands in order to suppress wages, as numerous economic studies show.

Re:Investors account for 30 per cent of home buying in Canad... by likenesstheft on Saturday September 09, 2023 @12:55PM (#37447442)
Like I said, anyone who is not putting citizens first on this is part of the bad cop good cop routine. I don’t care about peepee or any alt right goons and their own ulterior motives.
Re:Investors account for 30 per cent of home buying in Canad... by dang on Monday September 11, 2023 @06:01PM (#37474295)
We've banned this account for using HN for flamewar and ideological battle. Please don't create accounts to do that. It's not what this site is for, and destroys what it is for—so we have to ban accounts that do it, regardless of what they're battling for or against.

https://news.ycombinator.com/newsguidelines.html

Re:Investors account for 30 per cent of home buying in Canad... by dang on Monday September 11, 2023 @06:03PM (#37474309)
Can you please not post in the flamewar style to HN, and also please stop using HN for ideological battle? We're trying for something different here.

I'm not going to ban your account right now because it looks like you've also posted other things using HN in the intended spirit, but I saw quite a bit of this other kind of thing in your history too and that's definitely not ok.

If you wouldn't mind reviewing https://news.ycombinator.com/newsguidelines.html and taking the intended spirit of the site more to heart, we'd be grateful.

Re:Investors account for 30 per cent of home buying in Canad... by likenesstheft on Saturday September 09, 2023 @11:58AM (#37446840)
Somehow limp wrist weasels have successfully conned an entire generation into thinking that self preservation and caring about citizens is the same as being a nazi.

Canada needs better leadership. People need to stop being afraid of speaking the truth in Canada.

Re:Investors account for 30 per cent of home buying in Canad... by wredue on Saturday September 09, 2023 @12:06PM (#37446933)
Nobody said “Nazi”.

The alt-right is not “the truth”.

The “truth” is that Stephen Harper’s conservatives were vying for a massive TFW expansion, and so were the liberals, and so too are PeePees conservatives.

PP will never, ever, in a million years lower immigration, because he is a crony capitalist and crony capitalists love the way TFWs push wages down. Conservative Party backers will never let him.

The reason I know it’s coming from a position of racism rather than policy is because you very obviously don’t give a shit about the policy.

Re:Investors account for 30 per cent of home buying in Canad... by likenesstheft on Saturday September 09, 2023 @12:21PM (#37447083)
It is the bad cop good cop routine. If someone is not for the citizens first, they are part of the system of self-serving political dynasties living large off of everyone else’s work.

You are the one making things about race. Like in the other comment where you were the first person who brought up race. Demanding that citizens be considered first is not racism. It is interesting noticing the pattern of the con artist playbook here. First call the opposition racist or mention that they hate brown people, then associate a citizen-first mindset with some distasteful or evil political party, then suppress and silence dissent by leveraging the fear of guilt by association in the press and in social circles…very boring and predictable now. My policy is simple. Unless there is a huge surplus of housing inventory, education, and great jobs first for Canada’s own children…then it makes no sense to give everything to so many newcomers first. Unless you hate Canadian citizens?

Re:Investors account for 30 per cent of home buying in Canad... by gxt on Saturday September 09, 2023 @11:38AM (#37446630)
[delayed]
Re:Investors account for 30 per cent of home buying in Canad... by slothtrop on Saturday September 09, 2023 @11:28AM (#37446499)
It should, but the mouth pieces have stuck with their spiel that their own policies can't be helped, are necessary, because of "labor shortages". In other words, horseshit. I think people at the top are positioning themselves because they made large investments and want their return, so the lobbying efforts are to stall the slowing rate of immigration, or anything else that would increase housing starts / availability.
Re:Investors account for 30 per cent of home buying in Canad... by likenesstheft on Saturday September 09, 2023 @11:40AM (#37446648)
Labor shortage is such a lie. when they say that they just mean there aren’t enough low-information workers who will work for meager wages in a high taxation environment in a race to the bottom while some political dynasties always skim from the top. I hope you can all muster up the strength to vote in better leaders who put the citizens first.