It’s almost hard to believe there was a time when the federal government was duty bound to deliver centrally located housing that was affordable to low and middle class citizens
Andy Yan, director of Simon Fraser University’s City Program, says the federal government has always had “tremendous power” around shaping supply, demand and financing of Canada’s housing system.
He says the feds also crucially supply housing data via Statistics Canada, which are used to shape policy at every level of government, and inform real estate markets.
It’s almost hard to believe there was a time when the federal government was duty bound to deliver centrally located housing that was affordable to low and middle class citizens.
The federal government created a public housing program for low-income families and eventually built Regent Park in Toronto and Little Mountain in Vancouver.
By the early 1990s, the federal government pulled financing from public housing projects, which, experts agree, is largely the reason that there’s a dearth of purpose-built rental stock available now.
Federal policy does not address income and wealth inequality, human rights violations, the hyper-commodification of housing, and home ownership entitlement to unearned, untaxed capital gains, says Prof. Hulchanski.
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Andy Yan, director of Simon Fraser University’s City Program, says the federal government has always had “tremendous power” around shaping supply, demand and financing of Canada’s housing system.
He says the feds also crucially supply housing data via Statistics Canada, which are used to shape policy at every level of government, and inform real estate markets.
It’s almost hard to believe there was a time when the federal government was duty bound to deliver centrally located housing that was affordable to low and middle class citizens.
The federal government created a public housing program for low-income families and eventually built Regent Park in Toronto and Little Mountain in Vancouver.
By the early 1990s, the federal government pulled financing from public housing projects, which, experts agree, is largely the reason that there’s a dearth of purpose-built rental stock available now.
Federal policy does not address income and wealth inequality, human rights violations, the hyper-commodification of housing, and home ownership entitlement to unearned, untaxed capital gains, says Prof. Hulchanski.
The original article contains 1,306 words, the summary contains 167 words. Saved 87%. I’m a bot and I’m open source!