Critics slam government plan to ‘bail out’ sagging condo sector in B.C.

Posted by FOSSBabe

3 Comments

  1. Submission statement: This article is relevant to r/neoliberal because it is an example of governments intervening in the market in order to protect the interests of capital, rather than allowing market mechanisms to work. In short, yet again, socialism for the rich, rugged free-enterprise for the poor.

  2. Slight-Formal9277 on

    This is to create below-market social housing immediately because the provincial government cancelled their plan to build some themselves. 

    This is the best way to get below-market social housing, so it’s actually good policy.

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