Could the Missing Middle Solve the Housing Crisis?
Victoria, BC, is making an ambitious move to densify neighbourhoods. It could be a model for the rest of the country
Stay updated with breaking news from Generation Squeeze. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Victoria, BC, is making an ambitious move to densify neighbourhoods. It could be a model for the rest of the country
Those who argue that the housing crisis is a state failure neglect the fact the use of market stock as an investment tool is central to the problem of affordability. If housing is treated as a commodity, with the central goal of extracting a return, the market will price out and displace people. To end the housing crisis, we must end the commodity crisis. It’s well past time we ended both.
Read the transcript for episode seven of season seven of Stress Test
There's not much hope for Alberta to fix its broken generational system this election, write Paul Kershaw and Andrea Long of Generation Squeeze, but the next government could start by naming a minister responsible for intergenerational fairness.