Quote:
Originally Posted by whatnext
There's that, but state social housing has too much of a stigma in North America as being for poor people.
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But isn't this the effect of the existing public housing being poor quality on average, partly because it is mostly meant to be as affordable as possible?
If I were renting a nice $3,000 a month place and an alternative became available that was better in every way (location, cost, quality, tenant rights, neighbours, etc.) I would not care if it were government owned.
I believe that if, say, 300,000 nice big apartments appeared tomorrow in Vancouver, prices would tank and housing would become much more affordable. Detached housing may never become affordable again but multi-unit housing could be. There just aren't enough decent-quality units (i.e. better than 2 bedroom 60's walk-ups) in areas people want to live in. I think the question of whether private developers build the new stock on their own or the government steps in is secondary.