this post was submitted on 05 Apr 2024
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Feds announce $1.5b to expand affordable housing (www.theglobeandmail.com)
submitted 5 months ago by sbv@sh.itjust.works to c/canada@lemmy.ca
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It's good to see some kinda/sorta/almost direct spending on affordable housing being announced:

Prime Minister Justin Trudeau announced the creation of a $1.5-billion rental protection fund that will provide a combination of loans and grants to help non-profits buy affordable rental apartments when they go up for sale.

It's nowhere near enough, but it's better than the neoliberal tHe FrEe MaRkEt WiLl SaVe Us shoveling that both the Liberals and Conservatives have been pushing.

The article explains how the number of homes affordable to people making $30k annually is crashing across the country (but less so in Quebec).

https://archive.is/ocuud

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[–] MajorMajormajormajor@lemmy.ca 9 points 5 months ago (1 children)

Almost like a home should just be a home, not an investment. Weird, right?

[–] sbv@sh.itjust.works 4 points 5 months ago

Hmmm. Now what taxes would have to change to make that happen?