“This has become probably the most important both economic and political problem facing the country right now,” said Tyler Meredith, a former head of economic strategy and planning for Finance Minister Chrystia Freeland.

“And especially given the significant emphasis the government has put on immigration and the relationship between immigration and the housing market, there is a need to do more.”

    • EhForumUser@lemmy.ca
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      11 months ago

      Except my concrete asset is worth negative hundreds of thousands

      Did your house burn down and you didn’t have insurance to rebuild or how the hell did you manage that? The market has softened a little, but not that much. Well, maybe if it was a $30,000,000 home?

    • Rodeo@lemmy.ca
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      11 months ago

      I don’t see the point of a comparison of who’s got it worse, the answer is always people without the ability to save.

      Saying the liberals are in a tough spot because they have to choose between helping renters who have no assets and owners who have hundreds of thousands is obviously going to raise a comparison.

      It doesn’t seem like a tough choice from where I’m standing. People like you will recover over time. But people who don’t own homes have nothing to recover. So it’s pretty obvious who needs the help.