It’s not the money, it’s the cost of labor and materials driving up costs. I paid under 200k for my house just 6 years ago. You can’t even buy the raw materials to build a similar sized house for that.
The article is about affordable housing, not subsidized housing. If it costs 300K to build a house these days the builder is going to try to sell it for more than that.
Feel free to make yourself more valuable to demand higher wages. That’s what most of us homeowners have done. Raising the minimum wage from $15 to $20 isn’t going to help anyone buy a 300K house.
Rather than focusing on yourself, if you raise everyone else up, making living easier for all, you too will benefit from it. (Infrastructure, social security, public transportation…)
Much of the overrun that you hear of in, eg, the US and Canada is because of cost-plus contracts negotiated with the private sector. It’s been a very, very long since we’ve seen purely public offerings.
I’d also challenge someone who says “the private sector is more effective”. I get the impression they’ve never worked at private company larger than a neighbourhood coffee shop. I’ve worked a F50 companies; trust me, they can piss money away and blow through deadlines like it’s nobody’s business. Try to do an ERP conversion some day.
Tax the rich and there will be plenty of money.
It’s not the money, it’s the cost of labor and materials driving up costs. I paid under 200k for my house just 6 years ago. You can’t even buy the raw materials to build a similar sized house for that.
So it’s the money then…
It’s not the lack of money. raising taxes wont lower the cost of raw materials.
But we’d have money to pay for those raw materials.
The article is about affordable housing, not subsidized housing. If it costs 300K to build a house these days the builder is going to try to sell it for more than that.
Ok then raise waiges so that 300k house is affordable.
It’s all about money.
Feel free to make yourself more valuable to demand higher wages. That’s what most of us homeowners have done. Raising the minimum wage from $15 to $20 isn’t going to help anyone buy a 300K house.
So because I don’t have a skill you deem valuable I must starve and labor for the rest of my life just to survive?
The median wage in Canada (https://www.canada.ca/en/employment-social-development/services/foreign-workers/median-wage.html) (54k /year pre taxed in ON 42k /year post tax) bairly covers basic cost of living (https://www.savvynewcanadians.com/cost-of-living-canada/) (31k /year though this could be higher based on city,and I don’t know how much to trust this source, though it seems accurate based on my expenses).
Rather than focusing on yourself, if you raise everyone else up, making living easier for all, you too will benefit from it. (Infrastructure, social security, public transportation…)
Then government should be the builder.
Not everything needs to whored out to the private sector.
Because government run projects are well known for being cost effective and cheaper than private sector?
Actually, yes. They can be.
Much of the overrun that you hear of in, eg, the US and Canada is because of cost-plus contracts negotiated with the private sector. It’s been a very, very long since we’ve seen purely public offerings.
I’d also challenge someone who says “the private sector is more effective”. I get the impression they’ve never worked at private company larger than a neighbourhood coffee shop. I’ve worked a F50 companies; trust me, they can piss money away and blow through deadlines like it’s nobody’s business. Try to do an ERP conversion some day.