Canada’s largest bank is warning that housing has never been less affordable. New data from RBC shows housing affordability is now the worst it has ever been as of Q4 2023. Income failed to keep up with mortgage payments, resulting in affordability erosion in every market they track. Forecast interest rate cuts are expected to […]
That’s not how exploitation works, not really. The rich will exploit as much as they can. Prices are already set to maximize profit. The rich can’t pass higher prices along, because if they could charge more, they already would. Cutting taxes on big companies doesn’t create jobs or lower prices – and raising taxes won’t destroy jobs or raise prices.
That’s not how exploitation works, not really. The rich will exploit as much as they can. Prices are already set to maximize profit. The rich can’t pass higher prices along, because if they could charge more, they already would. Cutting taxes on big companies doesn’t create jobs or lower prices – and raising taxes won’t destroy jobs or raise prices.