British Columbia

1354 readers

65 users here now

News, highlights and more relating to this great province!

founded 3 years ago

MODERATORS

[email protected]

2,600 new homes to be sold at 60% market value in Vancouver (www.cbc.ca)

submitted 1 month ago by [email protected] to c/[email protected]

6 comments fedilink hide all child comments

"For too long, the idea of home ownership has been out of reach for way too many people — people who earn a decent income, who are priced out of the market and do not see any path to home ownership," said Premier David Eby, speaking at the project unveiling on Thursday.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 2 points 1 month ago (1 children)

Homeowners are a massive voting bloc.

We’re completely fucked. There’s no way an elected government can address this.

[–] [email protected] 4 points 1 month ago

No elected government can address this at this point in time.

Give it 20-30 years for the home ownership rate to drop and things will change, unfortunately that's too late for at least two generations of people.