this post was submitted on 09 Jul 2023
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To solve Dutch housing crisis, proposal aimed to ban the rich from buying some homes. Could it work here? (www.cbc.ca)
submitted 1 year ago by sik0fewl@kbin.social to c/canada@lemmy.ca
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In an attempt to deal with an affordable housing crisis, the Dutch housing minister recently proposed a law that would have allowed municipalities to force some property owners to sell their homes only to low and middle-income earners. The problem the policy is trying to fix is one that's particularly acute in Canada.

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[–] PositiveNoise@kbin.social 4 points 1 year ago* (last edited 1 year ago)

A grandfather clause could be added, so that 'from now on' people can't buy more than 1 home. But there are plenty of less severe ways to fix the problem. A lack of solutions isn't the issue, anyway. The problem is that rich people who control countries don't want to fix housing problems, since they are often the people benefiting.