Foreign ownership and greedy Airbnbers does contribute to the problem. But yeah so does mass immigration. If you increase the demand for housing but don't increase the supply enough to keep up, you're going to have higher housing prices and rents. Economics 101.
The left are ironically useful idiots for the capitalist class since they are for mass immigration, which enriches the slumlords they whine about. The Liberal Party's ideology is basically woke capitalism. And the Conservative Party loves the mass immigration and housing bubble too. The NDP love the mass immigration. Democracy is a scam.
Foreign ownership and greedy Airbnbers does contribute to the problem. But yeah so does mass immigration. If you increase the demand for housing but don't increase the supply enough to keep up, you're going to have higher housing prices and rents. Economics 101.
The left are ironically useful idiots for the capitalist class since they are for mass immigration, which enriches the slumlords they whine about. The Liberal Party's ideology is basically woke capitalism.