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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[–] Hildegarde@lemmy.world 19 points 1 year ago (1 children)

Those two goals are fundamentally at odds with each other.

[–] Rentlar@lemmy.ca -2 points 1 year ago* (last edited 1 year ago) (2 children)

Noooot necessarily, but a solution for that is to raise minimum to median wages up to a point that homes are affordable, and keeping existing wealth as it is or taxed. (AKA not happening.)

Big corps, rich lobbyists would cause government to not even begin considering it, it would cause a good chunk of inflation but there's a chance that we could get rising wages to outplace inflation instead of the other way around how it's been.

[–] Smoogy@kbin.social 7 points 1 year ago (1 children)

That only considers people who are already with a job. Doesn’t solve homelessness.

[–] Rentlar@lemmy.ca 5 points 1 year ago (1 children)

That is true. Even now we're getting to a point where you're fucked even if you have a job (or 2, or 3).

Welfare/Disability has to go up as well accordingly.

Welfare/Disability has to go up as well accordingly.

yeah we pretty much need to double welfare/disability rates

[–] BCsven@lemmy.ca 1 points 1 year ago* (last edited 1 year ago)

That will just push prices higher because now you have more prospective buyers for same inventoru of houses on the market.