Government Can’t Solve Housing Issues Alone, Private Sector Must Be Involved: CMHC

Started by Epoch-Times-Bot, Nov 29, 2022, 12:02 AM

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Epoch-Times-Bot

Nov 29, 2022, 12:02 AM
Government Can't Solve Housing Issues Alone, Private Sector Must Be Involved: CMHC

A new report by Canada Mortgage and Housing Corp. says government alone can’t solve the country’s housing affordability challenges.
The scale of the problem is so large that the private sector must be involved, says the report by CMHC deputy chief economist Aled ab Iorwerth.
The national housing agency says public solutions such as rent subsidies and more social housing are helpful, but more needs to be done.
In a June report, on housing shortages and what the CMHC called an “affordability crisis,” the agency estimated that an additional 3.5 million housing units would be required to achieve affordability by 2030....

Source: Government Can't Solve Housing Issues Alone, Private Sector Must Be Involved: CMHC

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