249

Liberals promise to build nearly 500,000 homes per year, create new housing entity (www.thestar.com)

submitted 3 months ago by grte@lemmy.ca to c/canada@lemmy.ca

67 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[-] CowsLookLikeMaps@sh.itjust.works 76 points 3 months ago

The fact that they're creating a crown corporation to build homes on public and private land is huge. This includes prefab and modular homes too. They're even committing to using Canadian lumber.

We cannot contunue to rely on capitulating to and deregulating private developers and expecting them to act in any way other than own self-interest. They have no incentive to bring down the cost of homes. It is now crystal clear that the neo-liberal solution does not work.

A crown corporation that exists to create housing rather than maximize shareholder value is a massive step in the right direction. Frankly, I'm surprised Carney is doing this but happy about it all the same.

I expect Carney to get pushback from Doug Ford who is firmly in the pocket of private real estate investors.

[-] sbv@sh.itjust.works 9 points 3 months ago

We cannot contunue to rely on capitulating to and deregulating private developers and expecting them to act in any way other than own self-interest. They have no incentive to bring down the cost of homes. It is now crystal clear that the neo-liberal solution does not work.

I'm hoping to see more details about how production will be split. The article/release describes the new organization as both overseeing and building. I really want the emphasis to be on building, since that will allow them to push down sale or rental costs of the final product. .