this post was submitted on 03 Jun 2025
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Ah, true. It is specifically stated that the federal government needs to focus on affordable housing. I know provinces have housing as part of their budgets too, but I'm not really clear on how each level of governments housing budget funnels down to housing/the people.
To be fair about them saying house prices can't come down, any party would be saying that. If prices dropped enough there would be a lot of people across Canada with mortgages higher than the value of their home and that could easily turn into a bad situation.