Another huge story: the accelerating financialization of real estate is now moving into the Care Economy, chewing up taxpayer dollars for long term care, primary care, child care because we're underwriting higher rents, or losing services that shutter to make way for more condos.

Pretty much a wow! in every paragraph (including the Overlooked No More postscript)

The real origin story (and purpose) of perhaps the best-known board game.

Overlooked No More: Lizzie Magie, the Unknown Inventor Behind Monopoly nytimes.com/2024/04/12/obi…

Breaking: The U.S. has shot down a number of Iranian drones that were heading toward Israel on.wsj.com/4cYLsdy on.wsj.com/4cYLsdy

This -preservation of existing affordable housing- is key.
From 2011 to 2021 15 affordable rental units were lost for every 1 built.
Undoubtedly worse since rates hikes in 2022-23.
iMHO that's the biggest weak flank of the new federal housing strategy. Not absent. Just weak.

Many things to love in today’s announcement from Justin Trudeau Sean Fraser Chrystia Freeland

But this teaser on Public Lands is potentially monumental.

All govts are sitting on massive tracts of land.

And we can build at 1/3rd the cost on these properties.

At scale.
#cdnpoli

This is one of the big takeaways from the Nordic counties who warn us of the tapeworm economy: private equity buying up public assets -keep it public.

thestar.com/business/opini…

First time in my life that I've seen such a muscular approach to fiscal federalism.
#UseItOrLoseIt

NEW: PM Trudeau says his $6B housing infrastructure fund “will flow” with or without the Ford government’s buy in.

Trudeau says every province that participates “fully” will get the housing enabling infrastructure. Otherwise it will go to cities.

#onpoli

[Toronto, ON] 'This is an example where the City's been doing all the right things - there hasn't always been the Federal commitment to bring the kind of money to the table in #AffordableHousing loans and grants that make a project like this viable...'💰🔑
x.com/CTVNews/status…

Message to premiers who want the fed $ for housing with no conditions: buckle up.

Change is coming.

We can and will solve the housing crisis, here’s how: infrastructure.gc.ca/housing-logeme…

A little message for the premiers here from Sean Fraser…

Canada has a choice.

Do we want to talk about the housing crisis, or do we want to solve it?

As for where the federal government stands: It's time to build.

There's ambition, and then there's Danielle Smith saying Red Deer (pop: 106,000) should grow to 1 million people.
My latest piece tosses around what that could possibly look like:
cbc.ca/news/canada/ca…

I can’t confirm that this is the boldest housing plan in Canadian history, but this is easily the boldest in my lifetime, and I’m pretty old.

More work to do, but this is absolutely transformative stuff.

Alberta Premier Smith says she's ready to go to court to fight Liberal Govt on housing plans. She adds she wants Alberta treated just like Quebec, which has its own fed-prov housing deal.
cbc.ca/news/politics/…