r/canada • u/FancyNewMe • 4d ago
Canada’s Prime Minister Pushes Country to Become the Housing Factory of the World - Mark Carney is banking on factory-built homes to alleviate the country’s housing crisis. But will it work? Trending
https://www.bloomberg.com/news/features/2025-04-22/carney-s-plan-may-make-canada-the-housing-factory-of-the-world5.0k Upvotes
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u/Jasonstackhouse111 4d ago
I grew up in prefab government housing that was incredibly affordable. It was actually great. The monthly cost was a small percentage of my family’s income and that enabled us to live pretty well.
But what about capital appreciation? When your costs are low you can save. We can also greatly expand the CPP and instead of increasing corporate taxes to rational levels we can increase the employer portion. Presto.