this post was submitted on 29 Jan 2024
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Universities and colleges are also a significant source of temporary housing demand. This could help reduce market pressures for long term rentals while still providing rental housing to students.
Everything that the federal government announces ‘could help’ the issues that they are supposed to help, but the complete lack of oversight and accountability means it rarely ever does anything. How much of this money is going to be eaten up in administrative costs before houses can even be built? What does the government mean to when it says “affordable housing” and what happens if the housing that is created with this money doesn’t fall into that category?