this post was submitted on 02 Aug 2023
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Experts say Ottawa is playing more of a role in housing, which is mostly a provincial and territorial responsibility, but federal involvement hasn't brought much relief amid rising home prices.

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[–] [email protected] 0 points 1 year ago (1 children)

@BlameThePeacock

If 65% of rental properties are owned by the people living in them and 24% are owned by fucking corporations, that leaves 11% left for everyone else ... including low income people who need to live somewhere.

I'm one of them. Had to move out of my apartment and now I live in a bedroom. At 62 I can't work much anymore because of workplace injuries, have had 4 surgeries to fix what happened, and get $1200 per month to live on. Keep telling me how it can't be fixed.

[–] [email protected] 1 points 1 year ago

You're really bad at logic, and reading.

First, I said residential properties, not rental properties. That means any building designed for people to live in it.

Second, the houses people own have people living in them, the majority of Canadians in fact. So do the dedicated rentals (regardless of who owns them) even the properties owned by multiple owners tend to be occupied by renters.

There is no "everyone else" left out, those numbers include everyone who isn't homeless.

I never said it can't be fixed, I said it won't be fixed for a while because the majority of Canadians (and therefore voters) are benefitting from this system inflating their home value.