News for hackers. Stuff that matters.

A comment on Investors account for 30 per cent of home buying in Canada, data show. Parent comment

Re:Investors account for 30 per cent of home buying in Canad... by Kalium on Saturday September 09, 2023 @12:00PM (#37446861)
I think that may depend a great deal on if you consider a years-long waiting list for socialized housing to be a serious housing crisis.

For my own part, I'm going to say that Vienna's approach has not actually solved the key supply problem.

[ Parent | on HN ]
Re:Investors account for 30 per cent of home buying in Canad... by goethes_kind on Saturday September 09, 2023 @12:02PM (#37446895)
The point is not to get the socialized housing yourself. The point is that the private market rent prices go down, which is objectively true of Vienna.
[ Parent | on HN ]
Re:Investors account for 30 per cent of home buying in Canad... by Kalium on Saturday September 09, 2023 @12:04PM (#37446910)
Yes, I follow the point. I am disputing your characterization of "popular city in Europe without a serious housing crisis". On the strength of available evidence, Vienna has what can be fairly described as a serious housing crisis.
[ Parent | on HN ]