this post was submitted on 23 Sep 2023
136 points (97.2% liked)

Canada

7209 readers
479 users here now

What's going on Canada?



Communities


🍁 Meta


🗺️ Provinces / Territories


🏙️ Cities / Local Communities


🏒 SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


💻 Universities


💵 Finance / Shopping


🗣️ Politics


🍁 Social and Culture


Rules

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

https://lemmy.ca


founded 3 years ago
MODERATORS
 

At last, someone from the world of politics is being honest about a pervasive and harmful trade-off. When home prices rise faster than earnings, owners like me gain wealth, while non-owners lose because their incomes fall further behind housing costs.

Honesty is saying that home prices have to fall. But this is progress.

The Generation Squeeze folks have recommendations.

you are viewing a single comment's thread
view the rest of the comments
[–] ram@bookwormstory.social 8 points 1 year ago (1 children)

Considering his biggest donors are all speculative investors in the housing market, it is actually pretty unwise, politically, to admit that he wants to slow their profiteering.

I hate that our government is so inherently corrupt like this.

[–] sbv@sh.itjust.works 3 points 1 year ago

I think that's where the courage part comes in. They've been pretty good about beating the drum for climate change, which alienates some voters/donors, but they've only really talked about housing supply, which is a great way to keep the base happy.