Land is scarce. Trust in society and institutions is plummeting. If you tried to take away land ownership you’d face a violent revolution. Is there any way you can think of to preserve land ownership while making housing “no longer an investment?”
CBC often does this with Business reporting. In their story about the InstantPot bankruptcy they neglected to mention that the reason the company was $500 million in debt is because they were acquired by a private equity firm who then took out a $500 million loan in the company’s name and used it to pay themselves a huge dividend, earning about $150 million in instant profit.
This article is in the Guardian, a British newspaper. Whatever it’s trying to do, Canadians can’t do much about it.