Trudeau ‘house pricing cannot continue to go up’
Episode Stats
Words per Minute
158.26701
Summary
In this episode, we talk about the new carbon tax introduced by the Trudeau government, and why it's bad for Canadian housing affordability. We also talk about why we should be worried about it, and what it means for our future.
Transcript
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The Fraser Institute did a big study on what the new liberal plans for greening your house
00:00:08.340
We're not talking about you after a chilly fest.
00:00:15.160
And the Fraser Institute says in British Columbia, those rules will add an extra $85,000 to the
00:00:26.660
This, I mean, keep in mind the average price in Vancouver is already over a million dollars
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In Alberta, it's going to add $35,000 to the price of a home.
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Premier Smith was quick to jump on that yesterday and sent out a tweet saying, look, this is,
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you know, another kick in the groin to Alberta and we're not going to put up with it and
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But it's, you know, a carbon tax, now green energy houses.
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They're pricing Canadians out of livability is what they're doing.
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Just think of trying to save $85,000 as a down payment.
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And now they're adding years on to people being able to save up this extra $85,000.
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The other big expense is the cost of the paperwork that goes into getting a permit to even begin
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to build a house and then as you're building it to complete it.
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It has been calculated that that million dollar house that you're speaking of in Vancouver,
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$300,000 of that is in everything except wood and gyproc and concrete and it's all the,
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what they used to call the soft costs when they were.
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Yeah, well, I mean, you know, whether you're a liberal or a conservative,
00:02:05.260
you want a house to live in and so you should be listening to somebody who's got a sense
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To then add this other green charge on the top, you end up with a $600,000 house
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for which you're going to pay a million dollars and then you've got to buy the lot.
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And then, of course, who knows what that can cost you in Vancouver or Calgary or Toronto.
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It invites the question, Dave, and I'm going to ask you,
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do you think that it's actually a plan, an intention to make things more expensive
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and to impoverish people or is this just a bureaucracy that is out of control led
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I think you've got a bureaucracy led by Stephen Gilbeau who is a radical activist
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and he's happy to do all these things because that achieves his green utopia
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and I don't think Trudeau is smart enough to realize the damage he's doing.
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I mean, Corey here has written and spoken several times about the plan to drive us off the roads.
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Drive us off the roads, make our houses unaffordable.
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What exactly is the vision of society that this conjures up?
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Well, I mean, my thoughts are for some, some it's just bureaucrats being bureaucrats.
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They support bloat, they support delays, it's just their nature.
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But some, I think there is an ugly ideology underneath.
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They see it as a bad thing that needs to be sidelined, reduced,
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If we can keep, I mean, the solution always when it becomes untenable,
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The state will build those brilliant Soviet-style long row apartments
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that I got to see back at the end of the 80s when I toured over there.
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You didn't starve to death over there, but boy, you sure weren't living.
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But they realize that people won't vote directly for that sort of policy,
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but you can really incrementally put people into that corner,
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We're going to hit the rich and save the poor, but it never works.