Ontario frames its latest budget as a response to the turbulent trade climate driven by U.S. tariffs, but some experts say it comes up short on funding for people and the environment.
Our new housing minister doesn’t want housing to fall either, neither does Carney, so clearly Canadians don’t want affordability either. That’s probably why he keeps winning.
Our new housing minister doesn’t want housing to fall either, neither does Carney, so clearly Canadians don’t want affordability either. That’s probably why he keeps winning.
this video goes into some details about the contradictions he’s made. TLDW he doesn’t want exisiting housing prices to fall but wants to build more affordable housing. This is difficult to achieve because adequate affordable housing will cause prices to fall. He says housing as an investment should be protected, so the government is stepping in to protect assets that gain as much as 30+% per year and will prevent them from falling/correcting. No other financial asset has protected gains like that.
A Youtube video with “some details” in it is not a citation demonstrating the Housing Minister, Prime Minister, or Canadians don’t want affordability or housing prices to come down.
The first seconds of the video has the housing minister answering the question “do you think housing prices need to fall?” And he replies “no,…”
Edit:here is a CTV news link where he states "No. I think that we need to deliver more supply, make sure the market is stable. It’s a huge part of our economy,”
If that doesnt scream keep the status quo for housing idk what does.
The first seconds of the video has the housing minister answering the question “do you think housing prices need to fall?” And he replies “no,…”
Edit:here is a CTV news link where he states "No. I think that we need to deliver more supply, make sure the market is stable. It’s a huge part of our economy,”
If that doesnt scream keep the status quo for housing idk what does.
What do you think the result of creating more supply in the housing market to be? Is anything “screaming” at you?
More “affordable housing”, which means dense government rentals, reserved for the uber poor and homeless. Its also a drop in the bucket in numbers versus the number private developers build, which is still far below the 420k immigration cap Carney announced.
Its no surprise, Trudeau also said prices need to remain elevated, as peoples nest egg. They just ran on affordable housing and people assumed it meant holistically lower prices, not government housing, its semantics.
More supply should lower prices if done correctly. He explicitly states they want to add supply without lowering prices, therefore they may not provide enough supply to actually satisfy long term demand or make entry into the market possible for many first time buyers.
Our new housing minister doesn’t want housing to fall either, neither does Carney, so clearly Canadians don’t want affordability either. That’s probably why he keeps winning.
Citations required.
this video goes into some details about the contradictions he’s made. TLDW he doesn’t want exisiting housing prices to fall but wants to build more affordable housing. This is difficult to achieve because adequate affordable housing will cause prices to fall. He says housing as an investment should be protected, so the government is stepping in to protect assets that gain as much as 30+% per year and will prevent them from falling/correcting. No other financial asset has protected gains like that.
A Youtube video with “some details” in it is not a citation demonstrating the Housing Minister, Prime Minister, or Canadians don’t want affordability or housing prices to come down.
The first seconds of the video has the housing minister answering the question “do you think housing prices need to fall?” And he replies “no,…”
Edit:here is a CTV news link where he states "No. I think that we need to deliver more supply, make sure the market is stable. It’s a huge part of our economy,”
If that doesnt scream keep the status quo for housing idk what does.
What do you think the result of creating more supply in the housing market to be? Is anything “screaming” at you?
More “affordable housing”, which means dense government rentals, reserved for the uber poor and homeless. Its also a drop in the bucket in numbers versus the number private developers build, which is still far below the 420k immigration cap Carney announced.
Its no surprise, Trudeau also said prices need to remain elevated, as peoples nest egg. They just ran on affordable housing and people assumed it meant holistically lower prices, not government housing, its semantics.
More supply should lower prices if done correctly. He explicitly states they want to add supply without lowering prices, therefore they may not provide enough supply to actually satisfy long term demand or make entry into the market possible for many first time buyers.