159
submitted 1 week ago* (last edited 5 days ago) by [email protected] to c/[email protected]

Under Mark Carney's Liberal government, the CMHC has quietly redefined 'housing affordability' to no longer mean 30% of income, but "perhaps 40-45% ... [and] over 50% of income by 2035".

you are viewing a single comment's thread
view the rest of the comments
[-] [email protected] 5 points 6 days ago

Carney does not run the CMHC.

[-] [email protected] 1 points 6 days ago* (last edited 6 days ago)

He did hire housing ministers that ballooned Vancouver real estate however, who also says that housing prices shouldnt come down because its boomers retirement fund.

[-] [email protected] 1 points 5 days ago
this post was submitted on 12 Jul 2025
159 points (94.4% liked)

Canada

10141 readers
892 users here now

What's going on Canada?



Related Communities


🍁 Meta


🗺️ Provinces / Territories


🏙️ Cities / Local Communities

Sorted alphabetically by city name.


🏒 SportsHockey

Football (NFL): incomplete

Football (CFL): incomplete

Baseball

Basketball

Soccer


💻 Schools / Universities

Sorted by province, then by total full-time enrolment.


💵 Finance, Shopping, Sales


🗣️ Politics


🍁 Social / Culture


Rules

  1. Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.

  2. Misinformation is not welcome here.

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca


founded 4 years ago
MODERATORS