VAUGHAN, Ont. - Liberal Leader Mark Carney says his government would double Canada’s rate of residential housing construction over the next decade to nearly 500,000 new homes per year.
  • Cows Look Like Maps@sh.itjust.works
    0·
    8 months ago

    The fact that they’re creating a crown corporation to build homes on public and private land is huge. This includes prefab and modular homes too. They’re even committing to using Canadian lumber.

    We cannot contunue to rely on capitulating to and deregulating private developers and expecting them to act in any way other than own self-interest. They have no incentive to bring down the cost of homes. It is now crystal clear that the neo-liberal solution does not work.

    A crown corporation that exists to create housing rather than maximize shareholder value is a massive step in the right direction. Frankly, I’m surprised Carney is doing this but happy about it all the same.

    I expect Carney to get pushback from Doug Ford who is firmly in the pocket of private real estate investors.

  • atro_city@fedia.io
    0·
    8 months ago

    Force the rich to sell their multiple houses too. Tax their wealth and they won’t have a choice. 3rd homes should get taxed at 10% of their value or more. Let’s stop kidding around. That’ll force them to divest fast as fuck.