The Carney government, through the CMHC, has quietly redefined "affordable housing" to no longer mean 30% of income, but "perhaps 40-45% ... [and] over 50% of income by 2035"

patatas@sh.itjust.works · 1 day ago

The Carney government, through the CMHC, has quietly redefined "affordable housing" to no longer mean 30% of income, but "perhaps 40-45% ... [and] over 50% of income by 2035"

patatas@sh.itjust.works · edit-2 20 hours ago

Honestly I only went and looked for the report because of a post on Bluesky by Peter Julian.

That said, this post seems to have already gotten more reach than a ~~sitting~~ former MP’s did on that platform, so you’re right about the fediverse!

Regardless, I agree it should be much bigger news.

garbagebagel@lemmy.world · 15 hours ago

Oh, was Peter Julian voted out this last election? Damn I don’t live there anymore but that’s a shame.

The Carney government, through the CMHC, has quietly redefined "affordable housing" to no longer mean 30% of income, but "perhaps 40-45% ... [and] over 50% of income by 2035"

The Carney government, through the CMHC, has quietly redefined "affordable housing" to no longer mean 30% of income, but "perhaps 40-45% ... [and] over 50% of income by 2035"

Redefining Affordability: Why CMHC’s Benchmark Shift Matters