this post was submitted on 28 Aug 2023
18 points (84.6% liked)

Yes in my backyard!

326 readers
1 users here now

In this community, we believe in saying yes to:

Typical YIMBY policies include:

Typical housing crisis "solutions" YIMBYs are wary of:

YIMBYism transcends the typical left-right political divide; please be respectful of fellow YIMBYs with differing political views. That said, please report anyone saying anything hateful or bigoted.

Reading List

Viewing List

Posting Guidelines

In the absence of a flair system on lemmy yet, let's try to make it easier to scan through posts by type in here by using tags:

Additionally, it is preferred (although not mandatory) to post a brief submission statement in the body of link posts. This is just to give a brief summary and/or description of why you think it's relevant here. Hopefully this will encourage more discussion in this community.

Recommended Communities

founded 1 year ago
MODERATORS
 

The housing market is a prime example of poor management and a huge driver of Canadians’ inability to get rewarded for their work, he said.

Yan said in Canada, social mobility is becoming stagnant due to these factors, and that’s making the country a less desirable place to live.

Many experts agree, saying Canada is in a full-on housing affordability crisis. A recent Rental Housing Index report found that 18 per cent of renters in Vancouver and Toronto are spending at least half their income on rent and utilities, while about 40 per cent are spending more than 30 per cent of their income on it.

Canada has now surpassed the U.S. with higher levels of household debt to GDP, with the figures dropping south of the border over the last decade. But as housing unaffordability continues its march in Canada, and as the country already has the worst household debt load in the G7, such debt levels are expected to continue to climb further and income inequality to further increase.

you are viewing a single comment's thread
view the rest of the comments
[–] CanadaPlus@lemmy.sdf.org 3 points 1 year ago

I'm not really shook yet, they have their own giant problems, but we do need to get houses built.