this post was submitted on 21 Aug 2023
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Two years after Valérie Plante's administration said a new housing bylaw would lead to the construction of 600 new social housing units per year, the city hasn't seen a single one.

The Bylaw for a Diverse Metropolis forces developers to include social, family and, in some places, affordable housing units to any new projects larger than 4,843 square feet.

If they don't, they must pay a fine or hand over land, buildings or individual units for the city to turn into affordable or social housing.

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[–] pinkdrunkenelephants@sopuli.xyz 30 points 1 year ago (21 children)

Housing really is one of those aspects of the market that needs to be demonetized and handled by governments.

[–] starclaude@lemmy.world 10 points 1 year ago* (last edited 1 year ago) (12 children)

it is too late, it is already become rich people gold mine/golden egg that they wont let go no matter what because how stable the investment is, not to mention not taxable when empty

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