this post was submitted on 12 Aug 2023
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In a country with some of the world’s most expensive real estate, Prime Minister Justin Trudeau’s government wants housing to become more affordable.

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[–] fresh@sh.itjust.works 27 points 1 year ago (1 children)

Yes. By having an official policy of propping up prices, the government is effectively giving a subsidy to homeowner profits at the cost of renters.

[–] psvrh@lemmy.ca 10 points 1 year ago (1 children)

That's the core tenet of neoliberalism: to transfer wealth to the wealthy.

[–] Noodle07@lemmy.world 7 points 1 year ago

Don't worry it'll trickle down eventually! One day... Any minute now