this post was submitted on 31 Mar 2025
23 points (100.0% liked)

BrainWorms

1495 readers
3 users here now

Hey, welcome to BrainWorms.

This is a place where I post interesting things that I find and cant categorize into one of the main subs I follow. Enjoy a front seat as i descend into madness

founded 2 years ago
MODERATORS
DeadWorld@lemm.ee
23
Non-profit housing is an economic no-brainer (spacing.ca)
submitted 1 week ago by DeadWorld@lemm.ee to c/brainworms@lemm.ee
2 comments fedilink hide all child comments
top 2 comments
sorted by: hot top controversial new old
[โ€“] turnip@lemm.ee 1 points 4 days ago* (last edited 4 days ago)

You assume they actually want to fix it. Trudeau has said himself that housing needs to retain its value. Carney is a central banker, he has never cared about home prices either; low interest rates are created to juice money supply growth to the wealth effect and aggregate demand. Sean Fraser is back too.

[โ€“] lookupgeorgism@lemm.ee 2 points 6 days ago* (last edited 6 days ago)

For profit housing is not why the housing market is unaffordable. The housing market is unaffordable because of mortgage subsidies, overly restrictive zoning laws, and the fact that we tax buildings instead of land.