The Liberals and NDP need to up their housing game before the next election. They’re more worried about protecting paper gains for existing homeowners than than getting prices back to affordable levels.
Why is the Liberal Party still droning on about protecting high home values while promising to make new home ownership easy? The Liberals should drop this obvious lie – voters can see the impact of housing speculation on increasing generational wealth inequalities for themselves – and heed their own legislation by focusing on the federal role in ensuring renters’ equal rights.
And why is NDP Leader Jagmeet Singh prioritizing owners’ returns over renter rights? British Columbia, which is the only NDP government in power in Canada, is the most pro-housing supply province. Build on that. Income-based housing targets, leasing public land to scale up non-market housing, and tax change to lessen wealth inequalities should be talking points for the “workers party” right now.
The title implies that they ever had the plot. They haven’t. The Liberals especially have always been the party of NIMBYs and inflated housing values.
Indeed; and as an article last week stated, there’s no housing crisis; there’s a squeeze on middle income housing, no different than we’ve seen come along in every decade since the 1920s.
Playing it as a crisis is a political thing to push an agenda that doesn’t involve fixing the endemic issues.
Canada has ALWAYS had bad housing policy.
It got worse when the Progressive Conservatives and Liberals gutted the nationwide plan that was in place to build low cost housing around… I want to guess late 70’s, early 80’s.
We used to have the government helping to make housing cheaper, but now all of that is in the hands of private owners, because, well, obviously the private sector can do better (grumbles)