Quote:
Originally Posted by GGG
Telling other people to solve your housing problem or funding is cut isn’t really a plan.
The plan is also directly contradicting the conservative stakeholders on city council who continually vote against zoning changes. I suspect there will be significant grass roots resistance among conservatives if this type of housing policy actually went into place.
I think the federal government needs to directly subsidize housing. Essentially build rental housing until the market is saturated and rents drop. You can likely make this a boondoggle and still end up efficient because supply increase lowers rents for everyone.
I don’t believe any party will do anything about the problem because the property owning class is harmed by lowering real estate prices.
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Well that's the whole issue with affordable housing. People are basically in favour until they realise that the house they own is going to drop by 30% (or whatever amount). It's not as enticing of a concept once you consider that!