this post was submitted on 29 May 2024
82 points (90.2% liked)

Canada

7280 readers
368 users here now

What's going on Canada?



Related Communities


🍁 Meta


🗺️ Provinces / Territories


🏙️ Cities / Local Communities

Sorted alphabetically by city name.


🏒 SportsHockey

Football (NFL): incomplete

Football (CFL): incomplete

Baseball

Basketball

Soccer


💻 Schools / Universities

Sorted by province, then by total full-time enrolment.


💵 Finance, Shopping, Sales


🗣️ Politics


🍁 Social / Culture


Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca


founded 4 years ago
MODERATORS
 

In case anyone still wants to somehow debate whether the Liberals will deliver affordable housing.

“Housing needs to retain its value,” Mr. Trudeau told The Globe and Mail’s City Space podcast. “It’s a huge part of people’s potential for retirement and future nest egg.”

you are viewing a single comment's thread
view the rest of the comments
[–] droopy4096@lemmy.ca 3 points 6 months ago (1 children)

not that simple. Trudeu is a jerk etc. But in this case the only reasonable measure that will minimize damage is to prevent further price growth. Maybe allowing growth at "under inflation" rates which could soften the blow to poor saps that are neck-deep in mortgages.

[–] nik282000@lemmy.ca 7 points 6 months ago

I AM in a ridiculous mortgage and I would be thrilled to see housing prices stop growing for the next decade or so. Every time prices go up the city starts drooling and adds another 100 bucks to my property tax.