“Homelessness & Affordability Crisis”

Justin Trudeau launches sweeping plan to help ‘solve’ Canada’s housing crisis. What’s in it? Bullshit.

OTTAWA—The federal government is revamping its housing efforts with a new, multi-billion dollar plan based on a bold and politically-significant premise: this is how the Trudeau Liberals will help “solve” Canada’s housing crisis.

Released Friday, the new plan capped off the government’s pre-budget rollout of new housing measures over the past two weeks, and contained a suite of spending and policy changes aimed at spurring construction and helping those who are struggling to buy homes, pay rent, and find shelter from the streets.

Garbage. Canada lacks the capacity to build the number of homes needed and until and unless they turn off the immigration tap it’s just BS.

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by Blazingcatfur••0•Posted in"Homelessness & Affordability Crisis", "Mass Immigration - Follow the money", Canada, Canada's Corrupt Liberal Government

To address housing crisis, Canada needs to lower annual immigration intake

Canada needs a new approach to the housing crisis because we’re spinning our wheels in solving it.

For the next few years we must reduce our immigration intake, following the example of other immigration-friendly countries.

In doing so, we would finally address the demand side of the housing equation, after fixating with increased supply.

h/t PK who notes, the Star must had a mass fainting when this article appeared.

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by Blazingcatfur••0•Posted in"Homelessness & Affordability Crisis", "Mass Immigration - Follow the money", Canada, Canada's Corrupt Liberal Government

Canada needs to build 1.3M additional homes by 2030 to close housing gap, says PBO

Sod Hut

OTTAWA – The parliamentary budget officer says Canada would need to build 1.3 million additional homes by 2030 to eliminate the country’s housing gap.

The newly released report looks at how many more homes would need to be built restore Canada’s vacancy rate to the historical average.

The report by Yves Giroux also accounts for the number of additional households that would form if sufficient housing were available.

What they don’t tell you is that Canada lacks the capacity to build that many homes.

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by Blazingcatfur••0•Posted in"Homelessness & Affordability Crisis", Canada's Corrupt Liberal Government

‘It’s just an overall explosion in homelessness’: Encampment numbers in Toronto have more than doubled over last March

It was the tents at Rowntree Mills Park that caught the eye of veteran Toronto outreach worker Diana Chan McNally. She’d never seen an encampment here, by the banks of the Humber River north of Finch.

Yet, as of mid-March, at least three tents were erected in this riverside greenspace, deep in northwest Toronto. To Chan McNally, it’s yet another symptom of a ballooning crisis — as city data shows the number of tents in ravines, parks and under bridges is more than double last spring’s count.

Where workers counted 82 tents or other makeshift structures set up citywide on March 15, 2023, that shot up to 202 on the same date this year — edging closer to the 291-tent count seen in the mid-pandemic spring of 2021.

Given the amount of money that Toronto sucks in there should be no homeless beyond those who refuse shelter. 

But homeless camps serve a greater purpose as a fundraising tool used to plead for ever more taxes that end up diverted to pet projects.

I am also beginning to suspect that they are used for block busting purposely allowed to fester in order to degrade real estate values for the profit of waiting vultures.

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by Blazingcatfur••0•Posted in"Homelessness & Affordability Crisis", "Toronto - Canada's version of a Democrat run city"

No Wonder Gavin Newsom Didn’t Want an Audit to Track $24 Billion in Homeless Spending

Gavin Newsom’s California put billions of tax dollars into a cannon, aimed it in the general direction of homeless “expert” NGOs, lit the fuse, and walked away. The BOOM came when someone started asking questions about where the $24 billion went. That day of reckoning is finally here. And we learn that Gavin Newsom and his Democrat super-majority in this one-party state have no idea where it went or whether it did any good whatsoever.

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by Blazingcatfur••0•Posted in"Homelessness & Affordability Crisis"

Anthony Furey: Sadly, the Housing Crisis in Canada Isn’t on Track to Get Any Better

War Housing Ajax

One of the most dominant topics in both the Canadian news media and politics is housing. The news features come out on a daily basis. Politicians at all levels of government voice their concerns and make announcements. Some of these announcements come with major cash infusions towards housing initiatives.

The consensus is broad and clear: Housing is too costly. There are too few units being built. The problem needs to be tackled with an all-hands-on-deck approach.

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by Blazingcatfur••0•Posted in"Homelessness & Affordability Crisis", Canada's Corrupt Liberal Government

Liberal Party created housing crisis is now hurting our labour market

Liberal Party housing initiative.

There are so many downsides to the untenable prices in the Canadian housing market that it’s hard to keep up. But to add another one to the list: The negative effect on mobility, including the ability of people to move for work.

Prohibitively expensive home prices, high interest rates and increasing rents are the antithesis to the movement of people. Many are stuck in this constipated housing market. If you have anything close to a decent spot, you’re not going anywhere. It’s a big part of what’s gumming up the system.

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by Blazingcatfur••0•Posted in"Homelessness & Affordability Crisis", Canada's Corrupt Liberal Government

Trudeau government created housing crisis poised to worsen without major reforms, RBC report says

Canada’s housing affordability crisis will hit even more alarming levels in the coming years without a bold set of policy reforms to boost supply, the economics department at Royal Bank of Canada said Monday in a report.

The country needs to complete roughly 320,000 housing units annually from now until 2030, simply to meet the new demand that will arise over that period, according to RBC estimates. This would amount to an increase of nearly 50 per cent from recent completion levels – and it would require a record pace of construction.

If anything, Canada is moving in the wrong direction. There were around 240,000 housing unit starts in 2023, down from roughly 271,000 in 2021, according to figures from Canada Mortgage and Housing Corp. This doesn’t bode well for completions over the rest of the decade.

In the past few weeks the Liberals have been on blast about their many housing initiatives as if that was going to solve the crisis they created.

All of their grandiose declarations amount to a drop in the bucket.

It’s all bullshit all the time from the Liberals.

h/t DS

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by Blazingcatfur••0•Posted in"Homelessness & Affordability Crisis", Canada, Canada's Corrupt Liberal Government

Ottawa’s billion-dollar housing pledges promising but not enough


Canada’s housing crisis heightened in 2020 and 2021, when families with median incomes faced an average house price that was as high as seven to nine times their annual income. Surging home prices and relatively stagnant income growth combine to make the dream of home ownership beyond the reach of most Canadians, especially young people, unless either house prices fall by half or earnings double.

The rental market is no more affordable. Renters spend on average more than 35 per cent of their incomes on rent. In tighter markets such as Toronto and Vancouver, rents could be as high as 45 per cent of income.

Housing unaffordability is a dire issue.

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by Blazingcatfur••0•Posted in"Disinformation", "Homelessness & Affordability Crisis", Canada's Corrupt Liberal Government

Michael Higgins: Trudeau isn’t the solution, he’s the problem

… The prime minister seemed appalled at the situation as if the explosion of temporary foreign workers and international students in Canada wasn’t his fault.

But it is entirely the Liberals fault. The issue of temporary foreign workers was an issue Trudeau was aware of even before he became prime minister.

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by Blazingcatfur••0•Posted in"Homelessness & Affordability Crisis", "Societally Destructive Immigration Policy", Canada, Canada's Corrupt Liberal Government

‘A significant overreach’: Canada housing plan draws provincial pushback

Jurisdictional jousting has begun over federal funding for housing projects as provincial leaders tell the Trudeau government to stay in its lane.

Over the last week, the Trudeau Liberals have announced billions in funding to kick-start home building in the country. Much of that money comes with conditions that the provinces meet certain criteria and a number of benchmarks.

“This is a significant overreach by the federal government to come in and attempt to nationalize housing,” said Jason Nixon, Alberta’s Minister of Seniors, Community and Social Services.

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by Blazingcatfur••0•Posted in"Homelessness & Affordability Crisis", Canada's Corrupt Liberal Government

Bristol named van-dweller capital of UK as cost of living bites

… Marvin Rees, the mayor of Bristol, said the demographic of people living in vans in the city had shifted dramatically from a lifestyle choice to a necessity due to the housing crisis.

“Our need for affordable housing is huge,” Rees said in the report. “Households across Bristol are struggling to afford to keep a roof over their heads, with spiralling rents and rising bills, threatening to push many towards the brink of homelessness.”

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by Blazingcatfur••0•Posted in"Homelessness & Affordability Crisis"

Are ‘mom-and-pop’ investors pricing out first-time homebuyers?

With new condo construction hitting “record levels,” prospects for first-time homebuyers may be improving, but experts warn competition for those units will be fierce.

Wealthy investors looking for a second or third property are common customers for those types of homes. Recent trends show more of them are purchasing properties than first-timers, said John Pasalis, Realtor and broker at Realosophy Realty.

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by Blazingcatfur••0•Posted in"Homelessness & Affordability Crisis"