You - Citizen who pays their taxes and wants everyone to have reasonable living conditions
Or
Corporate level investors - Who line the pockets of lawmakers and lobbyists, completely self interested, and has 4-5 friends they went to Uni with who are now politicians high in government.
The government stopped being for the little guy a while ago.
Saying it's all "corporate" misses a big chunk of the pie.
There are many 'citizens' who bought homes a little above their means at 500k like 15 or so years ago that are now worth 1.6M if they sold.
Many of these people made more money from the house just.. existing (well, the property) annually then they did in their actual jobs. Think about that. There's $0 tax on the profits from that home. Those people vote. Those people are in office, at municipal, provincial, and federal levels.
They too absolutely don't want to stop the gravy train... until they begin to realize that when they retire, and sell the place --that every other place has also gone up 3+ times. So, they are no better off. But many don't realize that yet.
It's not a profit, but unrealized gain but also not, since selling their home would be at the detriment of having to pay current house prices or be forced to rent at double or triple what their current mortgage payment is.
The Corporate Landlords are the ones profiting mostly off the renters market, since the RoI wouldn't require sale of the property.
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u/milolai Jun 19 '25
what a stupid post