Top Tweets for #bcbailout
Think how many homes could be purchased at liquidation rates - since the goal is affordable housing… right??? #bcbailout #affordablehousing #canadarealestate
Let’s talk about our plan to convert empty units in B.C. into affordable homes.
In B.C. there are thousands of homes that are empty while thousands of British Columbians are looking for affordable homes. Build Canada Homes is going to work with the B.C. government to fix that – by turning empty units, into affordable homes.
As we build up supply, this is one of the fastest and most efficient ways to get people into homes. Through this partnership, we will acquire units in bulk, at a discount to market value, at a time when prices and sales are already both low.
We could leave these units sitting empty or we could take action that will provide much needed affordable housing to 2,200 families and individuals. More details on the conversion of units to affordable housing will be available in the coming months.
This is one of the many tools we are using to increase access to affordable housing and only one element of our landmark agreement with British Columbia to invest in local infrastructure and build affordable homes. Reports that this will cost $3.2 billion are getting the facts wrong – that is what we are investing in B.C. to build more infrastructure like water systems, wastewater systems and local roads, while bringing down development charges to make homebuilding more affordable.
We know we need more affordable homes across Canada – and that is why we launched Build Canada Homes. Since launching we have announced over 11,000 homes across 14 partnerships. Already, 4,500 units have started construction or are set to break ground in the next three months. In B.C. that partnership is delivering on 1,100 new homes, including 700 which will be supportive and transitional. Paired with our plan to reduce development charges so that we can lower down the cost of building, we are creating the conditions for more homes to be build across the country.
To end this housing crisis, we need to use every available tool: build new supply, protect rentals, support infrastructure, and bring empty homes into use faster.
Most Popular Users

Elon Musk 
@elonmusk
241.6M followers

Barack Obama 
@barackobama
119M followers

Cristiano Ronaldo 
@cristiano
114.2M followers

Donald J. Trump 
@realdonaldtrump
111.8M followers

Narendra Modi 
@narendramodi
107.2M followers

Rihanna 
@rihanna
98.7M followers

NASA 
@nasa
92.4M followers

Justin Bieber 
@justinbieber
91.8M followers

KATY PERRY 
@katyperry
89.9M followers

Taylor Swift 
@taylorswift13
83.8M followers

Lady Gaga 
@ladygaga
75.3M followers

Virat Kohli 
@imvkohli
73.2M followers

Kim Kardashian 
@kimkardashian
70.8M followers

YouTube 
@youtube
68.8M followers

Neymar Jr 
@neymarjr
66.2M followers

Bill Gates 
@billgates
65M followers

Selena Gomez 
@selenagomez
63M followers

The Ellen Show
@theellenshow
62.3M followers

CNN 
@cnn
61.8M followers

X 
@x
60.7M followers

