The main reason I’m still posting and reading on Reddit is that I belong to a lot of small subreddits that haven’t had any reason to migrate elsewhere. You can dislike what Reddit leadership is doing, but lots of people belonging to small subreddits haven’t been impacted as much.
From the article: “Those fees have so far amounted to a total of $24.5 million — not enough to develop a single social housing project, according to housing experts.”
I don’t know about construction costs in Canada, but in many cities in the United States, 24 million dollars could renovate at least 120 homes, assuming a cost of $200,000 per renovation. Renovation is more expensive than building new. You could easily build 240 modest homes on undeveloped land with 24 million dollars.
I’ve left them half a million for administrative costs.