🍁 League Discussion – Real Estate (Question Format) 🍁

1. Are we in a stronger economic starting position than other developed nations because Canada leaned so heavily into housing financialization? Which productive sectors did other countries develop that we didn’t, and does that leave Canada comparatively advantaged today? 

Was deep financialization of housing a rational choice for Canada, given the alternative economic paths available?

2. Taxation has been one federal instrument used to influence housing affordability, but it is inherently a mismatch. With the margins created by financialization, proximate variables do not need to operate efficiently. Are we simply operating within the same structural conditions we always have?

Under this assumption of financialization, what are you including as proximate variables, and what constitutes the greater economic architecture?

3. Does federal government involvement in housing provide Canada a strategic advantage when competing with nations that employ more centralized economic planning? Could soft central planning allow Canada to create market reference points that diversify monetary levers, benefiting exports, economic expansion, and other sectors? 

Would this approach make Canada more versatile in managing commodity cycles and other external economic shocks?