this post was submitted on 12 Aug 2023
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In a country with some of the world’s most expensive real estate, Prime Minister Justin Trudeau’s government wants housing to become more affordable.

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[–] [email protected] 101 points 1 year ago (5 children)

Whenever they say "I don't want to drive down prices" that demonstrates a fundamental unseriousness about the crisis.

[–] fresh 28 points 1 year ago (1 children)

Yes. By having an official policy of propping up prices, the government is effectively giving a subsidy to homeowner profits at the cost of renters.

[–] [email protected] 10 points 1 year ago (1 children)

That's the core tenet of neoliberalism: to transfer wealth to the wealthy.

[–] [email protected] 7 points 1 year ago

Don't worry it'll trickle down eventually! One day... Any minute now

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