Experts say Ottawa is playing more of a role in housing, which is mostly a provincial and territorial responsibility, but federal involvement hasn’t brought much relief amid rising home prices.
Experts say Ottawa is playing more of a role in housing, which is mostly a provincial and territorial responsibility, but federal involvement hasn’t brought much relief amid rising home prices.
Historically, past housing crises have been resolved with massive input from the federal government. I hope this government acts with urgency, people are suffering out there, but given that the last housing minister was literally a housing investor I’m not very hopeful. I think only the NDP has the right alignment of interest and values.
By building medium density, transit oriented, neighborhoods; the feds can get after housing, environmental, and cost of living issues at the same time. Get three birds stoned at one.
If provinces fight it, give the housing to another province.
God I wish this would happen. The BCNDP are actually making substantial changes to our legislation but its not enough without major investments into transit infrastructure. Rail corridors need to be reopened/established and active transit projects need to be heavily subsidized.
Heavily subsidized?
It obviously varies wildly, but a road can cost $1,500k per lane km (NS highway planning figure). A multiuse path costs $10k per km (City of Toronto). That’s 150:1 ratio.
And that’s just construction, path maintenance is basically just snow clearance, roads are expensive; though maintenance data varies incredibly wildly based on how it’s annualized and traffic volume.
Make every lane km of road built require the construction of 0.5km of path. Sure, construction costs increase 0.3%, but I’d wager the reduction in car use would see that recovered in maintenance costs (personal guess, not data driven).
But that’s all municipal and to some degree, provincial.
What the feds need to do is curb immigration for a while until we figure this out and also create legislation for the realtor business/profession or just make it obsolete. Why the fuck do we need these dweebs when we can just simplify the process instead. There would be no more incentive from those bastards to blow up prices and give bad advice to people for a bigger commission.