Non-profit housing is an economic no-brainer - Spacing Toronto
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Canada is acting quickly to reposition our trade economy to become more resilient, diverse and self-reliant. We need a similar re-calibration of Canada’s housing system to address our deepening affordability problem. Housing is foundational for a strong Canada, and we must focus on housing that is more affordable, cost-effective to construct, energy efficient and climateContinue reading "Non-profit housing is an economic no-brainer"
  • turnip@lemm.eeEnglish
    1·
    17 hours ago

    You assume they actually want to fix it. Trudeau has said himself that housing needs to retain its value. Carney is a central banker, he has never cared about home prices either; low interest rates are created to juice money supply growth to the wealth effect and aggregate demand. Sean Fraser is back too.

  • lookupgeorgism@lemm.eeEnglish
    2·
    2 days ago

    For profit housing is not why the housing market is unaffordable. The housing market is unaffordable because of mortgage subsidies, overly restrictive zoning laws, and the fact that we tax buildings instead of land.