Why are you complaining? They are building much needed housing in Canada, aren't they?? /s
Call it a plan, call it common sense, I don't care as long as it's actually being done. So far, there have been lots of talks about this emergency but no real action on the housing front.
I'm sure there's quite a few politicians that are "concerned" about this situation...
Either I'm reading more about shootings and killings or it seems like violence has significantly increased post COVID. Sounds like we'll be breaking records by the end of the year at this pace.
"But, I hate the federal interference into my affairs and so do other premiers. Can that jerk in Ottawa stop interfering?"
Fucking comical...
I've heard about this before, this is unbelivebly uncompetitive! Sounds like something the Consumer Affairs should look at.
Can't build wealth when half or more of the income goes towards rent or that 6% 1million mortgage.
Wealth disparity increasing, cost of housing increasing, GDP/capita decreasing, productivity decreasing. This is not the "The Great Reset" that I was envisioning after COVID19. I was dubious of course, but I really thought there's a chance of more progressive policies. But instead we just have the feds subsidizing electric vehicles tech.
From the report:
"There are currently more than 1.25 million potential homes in Ontario’s municipal development pipeline, slightly the Province’s target of building 1.5 million homes by 2031. However, the CMHC estimates an additional 1.85 million units (2022) would be needed in Ontario beyond what is already being built or in the pipeline to restore housing affordability."
Happy to see the community of those concerned growing. Also surprised to see Remax support the 15-min city, that's suspicious of them, but nonetheless good to see.
cross-posted from: https://lemmy.ca/post/1242025
Home prices in Ontario have reached a point where they are pulling money out of other sectors of the economy and creating more challenges for business, warns a new report from the Ontario Chamber of Commerce.
As Ontarians spend more on housing, the report says, they have less money for other goods and services. The situation has resulted in “wide-ranging” implications for business in the province.
Home prices in Ontario have reached a point where they are pulling money out of other sectors of the economy and creating more challenges for business, warns a new report from the Ontario Chamber of Commerce.
As Ontarians spend more on housing, the report says, they have less money for other goods and services. The situation has resulted in “wide-ranging” implications for business in the province.
Sounds like you need to write for The Beaverton.
There was plenty of money invested into wars and oil extraction. C'mon!
Also, they assume that employers will be happy to reduce the hours worked while keeping the same wages. That'd be wonderful but unrealistic.