In an attempt to deal with an affordable housing crisis, the Dutch housing minister recently proposed a law that would have allowed municipalities to force some property owners to sell their homes only to low and middle-income earners. The problem the policy is trying to fix is one that’s particularly acute in Canada.
We need to take a multi-tool approach to this crisis. This is a great idea, as well as increasing the supply of homes and removing impediments and red tape when it comes to housing construction, as well as public housing.