The Rise of Investor Ownership and the Housing Crisis with Jeremy Withers
According to the data, more and more new housing is being purchased without the intention of being the home that the buyer lives in.
According to the data, more and more new housing is being purchased without the intention of being the home that the buyer lives in.
Ownership of housing is becoming increasingly concentrated in the hands of wealthy Canadians, fostering a worsening status quo for everyone else.
What will this amended piece of legislation do for ordinary, working-class Canadians to make groceries affordable again, and does it go far enough? How has market concentration contributed to higher grocery receipts? Why should incentives for building more co-op housing be included in the final version of the bill?
Why not talk about housing in terms of industrial strategy and the role of government in building more housing supply, instead of trying to outflank Pierre Poilievre’s inconsistent policy slogans from the right wing?
Ordinary Canadians will certainly feel the heat from the price of housing when monetary policy adds fuel to the fire while their pay cheques freeze.
It is unclear exactly how further financialization and profit maximisation of Canada’s housing market is supposed to lead to affordable housing.
Through the pandemic, mounting disasters induced by the climate crisis, and the as epicenter of Canada’s housing affordability crisis, BC held on to a progressive government among the provinces to lead through these crises.
At minimum a standard definition of affordability ought to be developed to determine how to best rectify Ontario’s housing crisis.
From affordable home-ownership programs and housing for intergenerational households, to culturally informed supportive housing for Black people leaving homelessness and the gentrification antidote that community land trusts can be, People of African descent in Canada must be afforded the opportunities and resources to participate in the decisions that impact our lives and to build the…