Canada wants to make homes affordable without crushing prices
Canada wants to make homes affordable without crushing prices
In a country with some of the world’s most expensive real estate, Prime Minister Justin Trudeau’s government wants housing to become more affordable.
In a country with some of the world’s most expensive real estate, Prime Minister Justin Trudeau’s government wants housing to become more affordable.
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Whenever they say "I don't want to drive down prices" that demonstrates a fundamental unseriousness about the crisis.
Yes. By having an official policy of propping up prices, the government is effectively giving a subsidy to homeowner profits at the cost of renters.
That's the core tenet of neoliberalism: to transfer wealth to the wealthy.
Don't worry it'll trickle down eventually! One day... Any minute now
Housing was expensive four years ago, that was before prices almost doubled. Policy that lowers prices to those levels would put home ownership in the reach of many.
I think you're assuming waaay too much about the seriousness of this statement. It's a politician assuring the losers of a policy they won't lose by rewording the policy a different way.