Grappling7155 to Canada · 1 year agoPrivate sector won’t do it so governments have to build housing – CCPArabble.caexternal-linkmessage-square22fedilinkarrow-up1135arrow-down12file-textcross-posted to: canadapolitics
arrow-up1133arrow-down1external-linkPrivate sector won’t do it so governments have to build housing – CCPArabble.caGrappling7155 to Canada · 1 year agomessage-square22fedilinkfile-textcross-posted to: canadapolitics
minus-squarelimitedduck@awful.systemslinkfedilinkarrow-up4·1 year agoThe article says the private sector is building less because of higher interest rates. They ARE purposely limiting the money they can make because the risk of that interest is a potentially greater loss.
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The article says the private sector is building less because of higher interest rates. They ARE purposely limiting the money they can make because the risk of that interest is a potentially greater loss.
My mistake thanks for the clarification.