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Daniel Melgar's avatar

Phil,

Good job. You want life in Canada to get better and you’re not going to overlook or disregard a good, but not perfect, policy for the sake of ideology. Bravo!

I would however caution you that in politics there are no “golden means”. One extreme always pushes the puck towards the wrong net—there’s no icing in a bureaucracy.

PS—I hope you like my hockey reference.

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Daniel Melgar's avatar

You fix a housing shortage the way you fix any shortage—by freeing up the market so it can attract more sellers to build new housing. I know you know this—the law of supply and demand. When the supply of any product is limited it becomes scarce, but when you remove price controls (housing and building regulations effectively work as a control or limit on new housing because it causes too many delays) prices increase and new capital will be attracted to higher profits and the demand will be satisfied. Easy peasy.

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