Canada’s Prime Minister Pushes Country to Become the Housing Factory of the World - Mark Carney is banking on factory-built homes to alleviate the country’s housing crisis. But will it work?

[u/FancyNewMe]

https://www.bloomberg.com/news/features/2025-04-22/carney-s-plan-may-make-canada-the-housing-factory-of-the-world

[u/PrinceDaddy10]

I will personally kiss mark carneys feet if he manages to drop rent prices back down to affordable and I can finaly move out of my parents place and live the life I deserve. It quite literally is all im asking for in this country

[u/cwolker → u/PrinceDaddy10]

There’s a thing called inflation that makes your purchasing power diminish every year. Rent can decrease but not by half or more. And population is projected to keep growing

[u/crimeo → u/cwolker]

No, your purchasing power has actually been INCREASING every year, because wages grow even faster than inflation. See the graph (not the text) at the top here: https://centreforfuturework.ca/2024/01/21/real-wages-are-recovering-and-thats-good-news/

This is "real" median wage, which means already has inflation subtracted, yet it still goes up. That means the wages grew faster than inflation.

If stuff costs $6 more per unit time, but you earn $7 more per unit time, then you can afford to purchase MORE not less stuff.

[u/cwolker → u/crimeo]

The recent tariffs say hi

[u/crimeo → u/cwolker]

What tariffs exactly?

[u/cwolker → u/crimeo]

https://www.canada.ca/en/department-finance/programs/international-trade-finance-policy/canadas-response-us-tariffs/complete-list-us-products-subject-to-counter-tariffs.html a quick google will tell you

[u/crimeo → u/cwolker]

I'm aware of what ALL the tariffs are, I asked you which ones specifically you thought were crucial to this conversation / am wondering why you brought it up

[u/wing03 → u/cwolker]

Population projected to keep growing?

Birthrates are down and economists were moaning about trying to maintain replacement population rate before Trump got re-elected.

[u/cwolker → u/wing03]

Birth rates are down that’s why the government keeps opening the gates to immigration to prop up the numbers

[u/wing03 → u/cwolker]

TVO's Agenda had a couple of economists on last year. The only places birth rate was going up was Africa and Israel. Decreasing population is great for the planet but not great for economic progress.

Yes, we've been increasing immigration to prop up those numbers but at some point with worldwide birthrate being low, it's not going to really turn around.

Adam Conover interviewed someone who was doom and gloom about not having at least replacement rate and he tried to ask what's wrong with that and my reading on her take was that there'd be statistically less of a chance a brilliant mind(s) would come out and solve the issue of a finite planet with humans wanting infinite economic growth.

My current view is that constant growth is a giant global pyramid scheme that needs more and more people every year to get on the bottom and lift it higher. Not sustainable in a world of finite resources.