What is the outcome you want, to have prices stay the same?
I'm just saying they cant stay the same, if prices do fall then the Bank of Canada will do QE and buy mortgage bonds to push prices up, so what is it you think you are fighting by banning algorithm?
I assume because of all the death to Israel people surrounding them. Makes it difficult to determine who the baddies are.
Canada doesn't have a terrible amount of respect for itself does it. So much virtue signaling with little action or actual care for the life of its citizens.
Draw.io is pretty great for diagrams.
Wiki.js can embed them too.
There is much that can be done federally. Pierre had a ton of good ideas, like tying immigration to housing completions, and forcing municipals to rezone by withholding federal funds.
So we accept that our currency is being debased by an inflation index that barely tracks real inflation, as we buy half of all mortgage bonds federally to juice home values and running QE, but we want to ban algorithms that attempt to maintain profits?
If you don't want prices to rise then perhaps a lower inflation target makes more sense. Maybe even a law that wages automatically rise with inflation. But we all know they don't want that, they would need to actually raise taxes if they did that, and housing wouldn't turn into a giant ponzi scheme that artificially boosts GDP.
I love this guys videos. I wish they made him housing minister instead of that piece of crap former mayor of Vancouver.
Sounds fun I guess?
Adjust the CPI to include housing and asset appreciation. As it is the nominal value of everything is inflated with cheap debt, which devalues wages.