this post was submitted on 12 Jul 2023
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Opinion | Bank of Canada’s fight against inflation is a war on workers (www.thestar.com)
submitted 1 year ago by tarsn@lemmy.ca to c/canada@lemmy.ca
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[–] theacharnian@lemmy.ca 52 points 1 year ago* (last edited 1 year ago) (2 children)

Housing has become an investment vehicle. This is as insane as making water or air an investment vehicle. All people need a place to live, investors should find something else to jerk off with.

We need a strategy to massively expand non-profit housing in Canada!

https://www.youtube.com/watch?v=sKudSeqHSJk

https://www.youtube.com/watch?v=41VJudBdYXY

https://www.youtube.com/watch?v=Pgxweff5AjQ

PS. Apparently, something like 3/4 of Canada's national wealth is "is wrapped up in real estate" (https://globalnews.ca/news/4775685/canada-national-wealth-real-estate/). What if it was invested in productive endeavours instead!?