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Olivia Chow talking about #MissingMiddle on CP24 today: “I want to unleash the power of the homeowner. Say to them go build it because we need housing in this city” “Build up to 4 storeys. If you want to have 4 units, you can rent out 3 of them.”... show more
724,030 次观看 • 3 年前 •via X (Twitter)
10 条评论

Someone needs to come up with a creative financing solution for the construction costs. One that gets repaid at refinance post construction at new appraised value. Put that in a box and have small-scale developers offer it as package to homeowners.

@CP24 Where are these houses? Who’s going to finance that? Also, say you’re living alone with your family in a bungalow - why is this idea the least bit attractive? You’re now a landlord, taken out more debt for a major reno & changed the nature of your property for what?

@CP24 like in Hongkong?

@CP24 The woman who when Jack was alive, were living in community housing just to "save a buck". Go figure. Politicians making their 6 figured salaries living in community housing and she has the nerve to tell us what to do with our houses? 🤦🏻♂️

@CP24 It's a very good framing of the issue as well.

@CP24 Socialism 2030

@CP24 This is not unleashing the homeowner.... it's saddling them with a larger debt under the guise of an "income property"

@CP24 And the crowd goes silent.

@CP24 Wow, a boomer pushing for boomers to get ever deeper into the class of the landed gentry. Please sir can I have a micro-laneway for $3,500 a month?

@CP24 Spend $$$ on building 2 more stories on your house....then lose money by tenants not paying rent and they having bigger rights to stay there>you evicting them
