Jake Silverman
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Appearances Over Time
Podcast Appearances
But if they're buying them at a deep discount and they're well invested,
It would be less of a bailout.
It would just be more of like, I disagree with it because I just don't like the government involved.
There are a lot of people who think that governments should be social housing providers.
And you see successful models all over the world.
And Canada doesn't really do a ton of that.
I don't really think that they should or need to because we have myriad examples in Canada where it has failed.
Like Toronto Community Housing is an exceptional example.
But that would be my problem with it, less it being a bailout if they're buying it at a deep discount.
So I think it remains to be seen, right?
We don't know enough details of the actual purchase yet.
Nobody wants to sell anything.
I think like, I mean, if we let's look at Ontario.
Okay.
So Ontario, uh, did this two or three months ago.
So, and there's layers to it.
So let's, let's give it credit where it's due on certain components.
Okay.
So, uh, in Ontario, they reduced, uh, federal, uh, GST and provincial HST on the, uh,
Sale of new homes.