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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Those two goals are fundamentally at odds with each other.
Noooot necessarily, but a solution for that is to raise minimum to median wages up to a point that homes are affordable, and keeping existing wealth as it is or taxed. (AKA not happening.)
Big corps, rich lobbyists would cause government to not even begin considering it, it would cause a good chunk of inflation but there's a chance that we could get rising wages to outplace inflation instead of the other way around how it's been.
That only considers people who are already with a job. Doesn’t solve homelessness.
That is true. Even now we're getting to a point where you're fucked even if you have a job (or 2, or 3).
Welfare/Disability has to go up as well accordingly.
Welfare/Disability has to go up as well accordingly.
yeah we pretty much need to double welfare/disability rates
That will just push prices higher because now you have more prospective buyers for same inventoru of houses on the market.