this post was submitted on 03 Apr 2024
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From the article, the $6B housing fund won't directly build housing, it's a carrot to encourage provinces and municipalities to loosen their housing restrictions. Other bodies will have to finance the construction.
For a moment I thought we were getting back to the good ol' days when governments built (affordable) housing. Despite the headline, that is not what this fund is about.
Unfortunately the Liberals are pretty all in on the P3 model of doing things. We'd need either a (leftward) change of government or an ideological shift within the Liberal party to get that kind of direct involvement, I think.
Yeah. The free market has had thirty years to save us, and it hasn't. You'd think they'd switch strategy at some point.
The free market is saving the bank accounts of the donor class.
So it's working by design.