I’ve heard that Mark Carney wants to ‘bail out developers’. It looks to me more like David Eby wants to help out people who can’t afford to buy a first home—but then spin, vibes, and ideology got involved. :-(
I’ve heard that Mark Carney wants to ‘bail out developers’. It looks to me more like David Eby wants to help out people who can’t afford to buy a first home—but then spin, vibes, and ideology got involved. :-(
Yes. And Carney said the idea was to buy the condos from developers as a distress sale. That means buying the units for less than it cost to build them. That is not a ‘bailout’. This is what I mean about it being hard to discuss public policy if people’s understanding comes from vibes and ideology instead of looking at what people say and do.