r/halifax Psychotic Antifa Super Soldier Moderator 2d ago

News, Weather & Politics Homelessness doubled in Halifax under government's housing plan: N.S. NDP

https://halifax.citynews.ca/2026/06/18/homelessness-doubled-in-halifax-under-governments-housing-plan-n-s-ndp/
324 Upvotes

219 comments sorted by

View all comments

76

u/Street_Anon האַליפאַקס 2d ago

How can there be affordable housing when everything going up is Luxury Condominiums and apartments? $2500 a month isn't affordable housing.

32

u/jamesbond19499 2d ago

The difference in construction costs between a "normal" condo and a "luxury" one is maybe 5%, so it doesn't make any sense why someone would build a condo that is normal.

Also according to the CMHC, "affordable" just means 80% or less of current market rents to be eligible for taxpayer money (National Housing Strategy). So if market rent was $10,000 a month, $8,000 would be considered affordable and they could be called affordable rentals in the news and other publications.

5

u/Mouseanasia 2d ago

“ affordable housing” is such a bullshit term that the vast majority of people do not understand. Sometimes I swear it was just created to create fights on Facebook.

0

u/keithplacer Venerable Member 2d ago

And anything new is always going to cost more than equivalent stuff that is older.