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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[–] xmunk@sh.itjust.works 53 points 6 months ago

Absolutely fucking wrong. The immense value tied up in housing is killing the economy...

So written, a condo owner whose property value went up 50% over the past five years.