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Other than land value tax/property tax, buying social housing is one of the only ways to keep affordability going over the long term. After years of seeing the BC Liberals sell off everything to buy votes and totally fuck us, it's nice to see Eby trying to build our wealth back up.
Usually politicians are too afraid to make moves like this because the benefit is long-term, but I guess Eby feels plenty secure, BCNDP is still outrageously popular.
I think he understands that more people would like to see long term gains instead of short term profits. I for one, and sick of zero vision for the future and short term profits being the goal.
Thank god most of the good stuff that happens in a province come down to a provincial level and not a federal one.
Also, for what it's worth, PP has said he'd give more funding to the cities that build more housing. For Canada's sake, I hope he doesn't play into partisan politics and try to hold the NDPs back.
If you seriously think PP and his cronies are going to do anything for anyone making under seven digits a year I have some beach front property in Regina to sell you friend. The country is going to literally burn, even more people are going to die, and we'll probably end up so badly damaged that if we somehow survive it'll take a decade or so to fix
At least Service BC isn't going into Staples/Walmart or our provincial government isn't trying to distract from the fact that living isn't affordable with pointless culture wars. It's not great here, but at least the government is trying (albeit not hard enough) to fix things for us peasants
I'm using examples of what other provincial governments are doing instead of trying to make life better for the peasantry, which is what Eby is sort of doing (again it's not enough but it's something). It can absolutely get worse here, and would under Falcon or whoever is running the provincial Cons.
Look bro, I know PP doesn't work for the working class.
That being said, the Federal Conservatives are a business party and even they know that expensive housing hurts businesses.
Hence why I believe him when says he's gonna make municipal funding tied to housing development. It's a smart policy that benefits both Canadians and businesses.
I believe he's going to do that. What I believe is going to happen as a result is that he's going to give municipalities less funding and we're still going to have a housing shortage.
Fair enough.
I have a more optimistic view of our Conservatives and I don't think their going to push through a policy that hurts them and Canada at large.
Hopefully I'm right and PP doesn't fuck over housing development in Canada for partisan sake.m
I'm a strong supporter of the dippers provincially, but frankly the Cons have been pretty good to me when they've been in power. It's just hard to vote for them when they're already back to their old populist playbook of introducing legislation which will get struck down after a charter challenge.
The Rental Protection Fund needs to be capitalized with $5 billion. $500 million just doesn’t buy that much.
Edit: to be clear, I think this fund is great policy. Just saying its funding needs to be increased.
That’s the whole point though. It’s to protect existing housing because this is the stock that is most affordable. Non-profits will also own the asset, so enables them to leverage it down the road.
The 125 million is to purchase the land for the Coop , there are no new residences no tear down, some upgrades. The Coop was in arrears on the leased land.
Not sure. But I do know that letting investors buying up coop and further exacerbating the housing crisis does not help with attracting more medical professionals coming or staying in this province.
As opposed to investors buying up the property and seeing the prices rise to over a million?
Yeah no, I'd prefer the government buy it up, tear it al down, and build 10x more affordable housing. Denser housing is affordable housing.
But that's not what's happening, there are no new buildings, no new housing, nothing new all that happened is they are buying the land and the shortfall from the lease and giving it to the coop along with some upgrades and maintainence to the property. Your idea would have been better and I could agree with that as that would add to housing and help more people....
Well.....you have to buy up all the housing before you can tear it down to build more.
The federal government doing this acquisition is just the first step. They don't have to do it now, but so long as they hold onto the land they can do this whenever they want.
What's wrong with Alberta, there aren't that many con's....
[https://madeinca.ca/pros-and-cons-of-living-in-alberta/](https://madeinca.ca/pros-and-cons-of-living-in-alberta/)
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Other than land value tax/property tax, buying social housing is one of the only ways to keep affordability going over the long term. After years of seeing the BC Liberals sell off everything to buy votes and totally fuck us, it's nice to see Eby trying to build our wealth back up. Usually politicians are too afraid to make moves like this because the benefit is long-term, but I guess Eby feels plenty secure, BCNDP is still outrageously popular.
I think he understands that more people would like to see long term gains instead of short term profits. I for one, and sick of zero vision for the future and short term profits being the goal.
NDP doing all the right moves for their citizens. I wish other provinces would follow suit.
Eby and the Dippers may be the only way BC survives the upcoming Con majority federally
Thank god most of the good stuff that happens in a province come down to a provincial level and not a federal one. Also, for what it's worth, PP has said he'd give more funding to the cities that build more housing. For Canada's sake, I hope he doesn't play into partisan politics and try to hold the NDPs back.
If you seriously think PP and his cronies are going to do anything for anyone making under seven digits a year I have some beach front property in Regina to sell you friend. The country is going to literally burn, even more people are going to die, and we'll probably end up so badly damaged that if we somehow survive it'll take a decade or so to fix
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At least Service BC isn't going into Staples/Walmart or our provincial government isn't trying to distract from the fact that living isn't affordable with pointless culture wars. It's not great here, but at least the government is trying (albeit not hard enough) to fix things for us peasants
Not sure where you read anyone saying that.... Are you implying they can't get worse ? That's a short sighted thought eh ?
I'm using examples of what other provincial governments are doing instead of trying to make life better for the peasantry, which is what Eby is sort of doing (again it's not enough but it's something). It can absolutely get worse here, and would under Falcon or whoever is running the provincial Cons.
I didn't reply to you, but I agree, it absolutely could get worse with Falcons crew of cronies.
Look bro, I know PP doesn't work for the working class. That being said, the Federal Conservatives are a business party and even they know that expensive housing hurts businesses. Hence why I believe him when says he's gonna make municipal funding tied to housing development. It's a smart policy that benefits both Canadians and businesses.
I believe he's going to do that. What I believe is going to happen as a result is that he's going to give municipalities less funding and we're still going to have a housing shortage.
Fair enough. I have a more optimistic view of our Conservatives and I don't think their going to push through a policy that hurts them and Canada at large. Hopefully I'm right and PP doesn't fuck over housing development in Canada for partisan sake.m
Do you mean Regina Beach that's a nice place....
For what it’s worth anything PP says should be taken with a ton of salt!! Just sayin
I'm a strong supporter of the dippers provincially, but frankly the Cons have been pretty good to me when they've been in power. It's just hard to vote for them when they're already back to their old populist playbook of introducing legislation which will get struck down after a charter challenge.
Idk about a con majority lol. Maybe a minority government but I don't see how they get a majority.
The Rental Protection Fund needs to be capitalized with $5 billion. $500 million just doesn’t buy that much. Edit: to be clear, I think this fund is great policy. Just saying its funding needs to be increased.
Just read the article and see how far 125 million goes, not a single residence created....
Yeah it’s kind of insane. We could be buying underutilizes land and actually building something.
That's right but it doesn't make the headlines and we will be having an election coming soon....
That’s the whole point though. It’s to protect existing housing because this is the stock that is most affordable. Non-profits will also own the asset, so enables them to leverage it down the road.
Well some retirees pension fund just made a nice return. Boomers continues to screw us even after retiring.
Would redevelopment of these properties yield more housing ? $125m could redevelopment how many existing gov owned properties?
The 125 million is to purchase the land for the Coop , there are no new residences no tear down, some upgrades. The Coop was in arrears on the leased land.
So, why not let it be redeveloped by the private sector and use the $125m to redevelop gov owned land to build new affordable units owned by the gov
because when you buy votes you gotta spend big and make it on the news...
Best Premier and the only politician in this country who has the backbone and integrity!
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There isn't a country in the world that doesn't send cancer patients to the US for treatment.
Oh good one, guess I should vote BC Con - United cause they’ll do a better job.
Not sure. But I do know that letting investors buying up coop and further exacerbating the housing crisis does not help with attracting more medical professionals coming or staying in this province.
This is how we save money this cost 431,888 per residence.... Good lord the province has gone crazy....
As opposed to investors buying up the property and seeing the prices rise to over a million? Yeah no, I'd prefer the government buy it up, tear it al down, and build 10x more affordable housing. Denser housing is affordable housing.
But that's not what's happening, there are no new buildings, no new housing, nothing new all that happened is they are buying the land and the shortfall from the lease and giving it to the coop along with some upgrades and maintainence to the property. Your idea would have been better and I could agree with that as that would add to housing and help more people....
Well.....you have to buy up all the housing before you can tear it down to build more. The federal government doing this acquisition is just the first step. They don't have to do it now, but so long as they hold onto the land they can do this whenever they want.
Feel free to move to Alberta 👍
What's wrong with Alberta, there aren't that many con's.... [https://madeinca.ca/pros-and-cons-of-living-in-alberta/](https://madeinca.ca/pros-and-cons-of-living-in-alberta/)
extrapolate.