Here's how the housing landscape could change under a newly re-elected Liberal government - News Summed Up

Here's how the housing landscape could change under a newly re-elected Liberal government


Housing affordability advocates say now is when the campaign ends and reality begins — by getting down to the business of governing and having hard conversations. "While housing affordability has been a challenging situation, we don't see any relief in sight under the current trajectory," said Trevor Hargreaves, vice-president of government relations and stakeholder engagement for the B.C. The party's action plan details an application-based fund for municipalities that "grow housing supply faster than their historical average, increase densification, speed up approval times, and tackle NIMBY'ism." Broadly speaking, Davidoff doesn't believe any of the parties put anything on the table in this election that would revolutionize housing costs in Canada. Unfortunately, the more you help first-time buyers the more you tend to push up housing prices," he said.


Source: CBC News September 23, 2021 08:00 UTC



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