What would you do if rent were 30-50% cheaper? What small businesses could you support? We live in a Canada where 53% of Canadians live paycheck-to-paycheck, and where the line for "middle class" is $33,000/year. Most Canadians struggle. Housing affordability builds prosperity.
Average rent in Canada is $1700/month, so it's no wonder we've seen so many Canadians join our movement for affordable, universal housing. Housing is a human right, something so many of our politicians seem to forget.
A national child care program with expanded access is great, one big question though, where are the child care workers going to live? How can they possibly afford to live in areas like Toronto and Vancouver? #HousingCrisis#Elxn44
Housing needs to become an election issue. Though he's proposing nothing, and would do nothing differently, at least we can get attention on real policy fixes. And maybe they'll give us a lil policy, as a treat.
A month after Bank of Canada made the declaration that investors buy 1/5 homes in Canada and no one batted an eye (except for us, who've been repeating it nonstop) it's finally getting some coverage! https://t.co/sEsGgJRM4u
Let's try this thought experiment. Take 20% of homes and set them on fire. What happens to prices for the remaining homes?
Another idea, take in-progress construction and stop 20% of them from continuing. What happens?
The Bank of Canada lies and deceives.
Months ago, they said the fact that 1/5 homes are bought by investors plays no role in home prices. Now they say this determining the "level at which investor activity should be a cause for concern is difficult and requires further study.โ
Can the โChina badโ Conservatives please remind me why on September 9 2012, the Harper government signed a Foreign Investment Promotion and Protection Agreement (FIPA) with China effectively locking Canada into a secret 31 year deal with the regime they now decry? #cdnpoli
@MichaelKramSK We also shouldn't be sending them our lumber and coal, only to buy it all back as goods we could have manufactured with Cdn manpower. Yet here we are.
@globalnews Trudeau - housing is too expensive.
Also Trudeau: I'm going to continue to flood Canadian cities with immigrants ๐
Canada seeks to increase immigration over next three years even as pandemic rages on
https://t.co/y7qkTdbQKv
@yeetyeetskrrskr@schtev69@globalnews Excuse me, but maybe if housing wasnโt 12x the annual household income in the city where I work, Canadian women wouldnโt be delaying childbearing until their mid 30โs and therefore, able to have (and afford!) more children.
Why might we see more Canadians move south of the border?
1โฃ More opportunities
2โฃ Lower Taxes
3โฃ Cheaper Homes
I suspect new immigrants will also be considering these same factors when deciding whether to move to Canada or the US
https://t.co/xyZoDpGJOC
I listed a detached house for rent today. 2500/month. My phone's been blowing up. The last call from an agent whose client was renovicted- single mom, employed, with a 3,4,6 & 10-year-old. They're currently in a hotel room. She'll take it sight unseen & 6 months up front.
I will never #CancelCanadaDay out of respect for the Canadian soldiers who laid down their lives to save my family from the Nazis, and who opened the borders to refugees of war. But if y'all want to cancel the Catholic Church, I'll make signs.