Both Melbourne and vancouver have been seeing an almost unbo and run up in housing prices for two decades. The wealthy are able to invest in real estate, right? And there are positive tax implications or benefits to them by being able to do so. So you do wonder about, we'll wait a minute, are we? Are we really using our land and property in th way, especially when there are so many people who need it? I think one we tink, one thing we can save is that if it's politically popular, then it probably will come in.
Dr. Tom McGinn, Executive Vice President at CommonSpirit Health, discusses the impact of new COVID19 cases on hospital capacity. Bloomberg Businessweek Editor Joel Weber and Bloomberg Opinion Columnist Justin Fox share Justin's Businessweek Magazine story A Lot of Us Are Back in the Office. These Folks Are Staying Home. Bloomberg News Vancouver Bureau Chief Natalie Obiko Pearson has Bloomberg's The Big Take story on why economists say levies on vacant homes are largely political theatre, and policymakers need to tackle other factors such as supply-demand imbalance to solve the global housing problem. And we Drive to the Close with Alan Zafran, Co-CEO at IEQ Capital.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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