A more realistic plan would involve the definancialization of Canadian housing. As long as homes are a lucrative investment vehicle for middle class Canadians, we’re going to keep laddering up the price.

I’d take another look at the Liberal’s housing platform in detail.

The plan has the issues I listed above: no near term construction targets, no affordability guarantees for new units, and no price goal for the total housing stock. It promises money for builders, but includes no mechanism to ensure prices fall.

I struggle to think of a more ambitious but realistic plan released by any comparable party among any of our developed nation peers.

I hear good stuff about Singapore’s model. Denmark and Vienna apparently do social housing well.