this post was submitted on 04 Aug 2023
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Globe editorial: Justin Trudeau needs to make housing a primary federal responsibility (www.theglobeandmail.com)
submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]
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There are about 16.3 million homes in the country. Canada Mortgage and Housing Corp. last year calculated that, for prices to moderate, 5.8 million more are needed over the next decade – that’s 3.5 million on top of the 2.3 million that would otherwise be built. Look at those numbers and wonder why the Prime Minister held a press conference for 214 homes. Look at those numbers and consider the national housing strategy’s modest impact, 107,519 homes, so far.

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[–] Magister 10 points 1 year ago

AirBnB is horrible, in Montréal there is families in the street and a lot of people struggling to find something/just live, and there is something like 13'000 airbnb, most of them illegals. They are building thousands and thousands of condo, at 400k+, I checked some around me, they are 600k+, plus easily 400$/month for taxes, and have like 600$ fee every fucking month on top of that. Who can buy that? Or they are building "condos for rent", you can not buy them, only rent them, 2k+/month. How can people earning 2k/month can live?