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] 104 points 1 year ago (3 children)

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

[–] [email protected] 27 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

[–] [email protected] 20 points 1 year ago

Housing was expensive four years ago, that was before prices almost doubled. Policy that lowers prices to those levels would put home ownership in the reach of many.

[–] [email protected] 0 points 1 year ago

I think you're assuming waaay too much about the seriousness of this statement. It's a politician assuring the losers of a policy they won't lose by rewording the policy a different way.