this post was submitted on 14 Jan 2025
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Canada
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The liberals do everything in their power to keep housing prices high. Trudeau himself even said that the majority of the Canada pension fund is invested in REITs
There's a Montreal reporter that appeared in my random mainstream socials (that I'm too useless at to find again easily), I think Instagram, who got a list of all MP financial holdings for a piece on the housing crisis. Apparently 56% of conservative MPs and 53% of Liberal MPs are landlords (I'm remembering the approximate amount and relative levels), so of course they want to keep housing prices high. (If I ever figure out how to find a historical suggestion from my feed, I'll come back and post a link to the journalist's work)
I've seen that report before too. I failed to mention it's also in the best interests of the MPs to inflate their own properties.
Is there more detailed info on that?
I know MPs have to spend time between their home and Ottawa, and so I would understand renting out an apartment in Ottawa they don't live in full time.
I think there's a big difference between something like that and owning rental properties.
Edit: found the survey https://www.readthemaple.com/mp-landlords/
It's still hard for me to tell what exactly some MPs are doing, but there are definitely many quite involved in realty.
I believe it's a different journalist. He mentions the Maple article, but digs into more detail. I found the Instagram account, and he has a linktree to several socials, but I havenfound a non-instagram link to the articles yet. The linktree is: https://linktr.ee/duoduet?ltsid=b62e07bd-1ec9-4904-84c2-199d430adc73