157
The federal government used to build social housing. Then it stopped. How is that going? (www.cbc.ca)
submitted 2 years ago by to c/canada@lemmy.ca
44 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] 5 points 2 years ago (1 child)

Houses are literally subsidized into being safe investments. The neoliberal government has decided that this is best for business.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] 0 points 2 years ago* (1 child)

    Housing is only a safe investment if it keeps its occupants productive (e.g. allows one to take a job by living nearby). The job market is strong right now, but we'll see how safe those investments are when that starts to turn...

    But, if you truly believe what you say, why aren't you buying one of those $100,000 homes in Newfoundland? Anyone can afford that. If the government is going to protect you, how can you lose?

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •