In case anyone still wants to somehow debate whether the Liberals will deliver affordable housing.

“Housing needs to retain its value,” Mr. Trudeau told The Globe and Mail’s City Space podcast. “It’s a huge part of people’s potential for retirement and future nest egg.”

  • Kairos@lemmy.today
    link
    fedilink
    arrow-up
    4
    arrow-down
    3
    ·
    6 months ago

    It shouldnt be an investment but it should still have value. As in it shouldn’t be commoditized but should still be a way to “store” wealth.

    • cygnus@lemmy.ca
      link
      fedilink
      arrow-up
      10
      ·
      6 months ago

      It depends on your definition of “storage”. Like I said, I bought because I didn’t want to give money to a landlord for the rest of my life. The best-case outcome in my mind was breaking even when it comes time to sell. Any more than that necessarily increases housing costs for every subsequent generation.