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this post was submitted on 24 Aug 2023
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As long as this remains true the federal government is not taking housing seriously. Any prospective governments which do not make public housing a centrepiece of their strategy are also not taking housing seriously.
Housing is this federal government’s biggest failure. It’s causing the economy to contract, GDP per capita to fall, and affordability to collapse. Housing is not a productive part of GDP, which is why people aren’t better off when real estate prices grow. Conservatives of course would be much worse, since they also wouldn’t build public housing and would cut taxes for the rich and services for everyone else.
The provinces aren’t much better. The BC NDP is one of the only provincial governments massively expanding public housing programs.