this post was submitted on 28 Mar 2024
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[–] folkrav@lemmy.ca 11 points 8 months ago* (last edited 8 months ago) (1 children)

Many of our MPs are landlords themselves, which may influence how... reactive they are to the issue https://www.landlordmps.ca/data-analysis

Our economy is over-reliant on housing as an investment in general, so getting people to do anything about it is hard to begin with https://www.oecd.org/housing/policy-toolkit/country-snapshots/housing-policy-canada.pdf

It's not looking good. We're in so deep already. A lot of people will lose their homes either way.

[–] olbaidiablo@lemmy.ca 1 points 8 months ago

This is why I avoid REITs and housing investment like the plague. It's a house of cards.