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.

  • small_crow@lemmy.ca
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    1 year ago

    Equity was a fun choice of word here, since both its definitions apply to the conversation.

    If housing wasn’t an investment, a purchased home wouldn’t build any equity in the financial sense, but people who need a home would have more equity in the social sense.

    It’s almost like finance is at odds with social justice.

    • chonglibloodsport@lemmy.ca
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      1 year ago

      Land is scarce. Trust in society and institutions is plummeting. If you tried to take away land ownership you’d face a violent revolution. Is there any way you can think of to preserve land ownership while making housing “no longer an investment?”