. Both parties agree they want to build more housing and provide more funding to help low-income renters. They have also both accused institutional investors of driving up housing costs.One of the Liberal campaign promises last year was to establish a $4-billion fund to encourage construction of 100,000 new homes in the largest Canadian cities by 2025.
Kevin Lee, CEO of the Canadian Home Builders’ Association, a lobby group for home builders, said the fund could be used as a real incentive to cities that are able to increase their housing starts.The Liberals and NDP have said they want to tackle “financialization of housing” by the end of 2023. They have not defined financialization, but have both said big investors of real estate are driving up housing costs. They have not explained what kind of investor would be covered by any new rule.
Minto Apartment REIT, which develops and manages apartment buildings, agreed. “The impact on our business and Canada’s supply of affordable housing would be negative,” said CEO Michael Waters. Garima Talwar Kapoor, policy and research director at anti-poverty foundation Maytree, said there are tens of thousands of people that are on wait-lists for affordable social housing. She said she would like to see the funding increased significantly. “We need to address their acute housing needs directly,” she said.
They need to hear from people like me cause it aint a joke.
The only way to really tackle this issue will fuck over anyone who already owns a house..
who invented emergency affordable housing available 6 months on death bed? How long has this been public policy? for every inhuman public policy for how ever years on public policy agenda could some poverty folks get a cheque for under planning inflation the wealthy create
globebusiness Been addressing since 2015. Need more addressing? ON IT. Housing to the moon. 🚀 🚀