14 August 2025 — A big topic in the Canadian news cycle is housing—its prices, how many homes are (not) being built, and how much money is to be made in real
Of course, the loss of construction jobs and housing projects getting canned are very real issues, but CTV neglects to mention that these cancelled projects are mostly luxury condos built for speculation, not affordable housing. This is one more consequence of the financialization of housing.
Yup I loved this part: