There are about 16.3 million homes in the country. Canada Mortgage and Housing Corp. last year calculated that, for prices to moderate, 5.8 million more are needed over the next decade – that’s 3.5 million on top of the 2.3 million that would otherwise be built. Look at those numbers and wonder why the Prime Minister held a press conference for 214 homes. Look at those numbers and consider the national housing strategy’s modest impact, 107,519 homes, so far.
Two things would work:
-Fix the fucking restrictive residential zoning regs. This is provincial turf.
-Build more public housing. This is also provincial turf, but the feds had been involved in the past.
The difficulty with point 2 is that there has to be an agreement between the feds and the provinces. If the provinces don’t want to build public housing, that’s the end of it. The federal government can’t just barge into provincial jurisdiction because they feel like it.
In the article they’re talking about the peak of federal involvement in housing being the 1970s. That’s not coincidental, as it was prior to the patriation of the constitution. If zoning doesn’t allow for the typical 1970s 3-floor walk-up apartment blocks, the feds don’t get to overrule those restrictions.
Say it louder for the people in the back.
canada and australia are pretty much screwed. best thing to do is to return back all the migrants and learn to be self sufficient again. you guys really do not need migrants. just learn to cope. The UK did it during 2 world wars. We can do it again!!!