this post was submitted on 29 May 2024
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Trudeau says housing needs to retain its value (www.theglobeandmail.com)
submitted 6 months ago by SamuelRJankis@lemmy.world to c/canada@lemmy.ca
67 comments fedilink hide all child comments
 

In case anyone still wants to somehow debate whether the Liberals will deliver affordable housing.

“Housing needs to retain its value,” Mr. Trudeau told The Globe and Mail’s City Space podcast. “It’s a huge part of people’s potential for retirement and future nest egg.”

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[–] nik282000@lemmy.ca 4 points 6 months ago (2 children)

Suddenly I want to buy an F-350 and a "F 🍁 UCK TRUDEAU" flag. It's nice to see that every political party in Canada has finally united to fuck Canada.

[–] Someone@lemmy.ca 6 points 6 months ago (1 children)

Let's be real, those of us who can't afford housing can't afford a jacked up F350.

[–] nik282000@lemmy.ca 2 points 6 months ago

Bold to assume that current 350 owners can afford their 350s.

[–] droopy4096@lemmy.ca 3 points 6 months ago (1 children)

not that simple. Trudeu is a jerk etc. But in this case the only reasonable measure that will minimize damage is to prevent further price growth. Maybe allowing growth at "under inflation" rates which could soften the blow to poor saps that are neck-deep in mortgages.

[–] nik282000@lemmy.ca 7 points 6 months ago

I AM in a ridiculous mortgage and I would be thrilled to see housing prices stop growing for the next decade or so. Every time prices go up the city starts drooling and adds another 100 bucks to my property tax.