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2,600 new homes to be sold at 60% market value in Vancouver (www.cbc.ca)

submitted 1 month ago by [email protected] to c/[email protected]

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"For too long, the idea of home ownership has been out of reach for way too many people — people who earn a decent income, who are priced out of the market and do not see any path to home ownership," said Premier David Eby, speaking at the project unveiling on Thursday.

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[–] [email protected] 4 points 1 month ago

No elected government can address this at this point in time.

Give it 20-30 years for the home ownership rate to drop and things will change, unfortunately that's too late for at least two generations of people.