this post was submitted on 19 Sep 2024
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2,600 new homes to be sold at 60% market value in Vancouver (www.cbc.ca)
submitted 1 month ago by LimpRimble@lemmy.ca to c/canada@lemmy.ca
10 comments fedilink hide all child comments
 

cross-posted from: /c/britishcolumbia

"For too long, the idea of home ownership has been out of reach for way too many people โ€” people who earn a decent income, who are priced out of the market and do not see any path to home ownership," said Premier David Eby, speaking at the project unveiling on Thursday.

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[โ€“] RandAlThor@lemmy.ca 5 points 1 month ago (1 children)

It's innovative. It's a great idea. A fantastic way to invest public money in housing. But it has to be done in conjuction with other measures that stimulates housing development.