Union Bug Blog
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Jan 09, 2020 -
Taking Stock of Manitoba's Social Housing Plan
The Manitoba government has made it quite clear– its intention is to greatly reduce its public housing portfolio and look to the private sector to fill the gap. Experiences elsewhere give housing advocates good reason to be concerned. In the absence of robust subsidies and income support, the private sector has demonstrated an inability to supply safe, well-maintained housing at the affordable threshold of less that 30 per cent of total before-tax household income. The reality that there are currently 7000 households on the Manitoba Housing waitlist reinforces the need for more social housing units.
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Jul 30, 2012 -
The Looming Housing Crisis
The housing bubble in the United States that burst a few years ago has left more than 20 million people unemployed, underemployed or out of the workforce altogether. There are also more than 10 million homeowners that are behind in their mortgages. And tens of millions of Americans approaching retirement have seen most of their life’s savings disappear when plunging house prices eliminated most or all of the equity in their homes.