opinion

Condominiums in the Queen St. East and Mutual St. area in downtown Toronto on Oct. 30.

Ricardo Tranjan is the Ontario research director at the Canadian Centre for Policy Alternatives and the author of The Tenant Class .

Back in the 1970s, condos helped expand home ownership to families who couldn’t afford a house . Over time, they became the epitome of real estate speculation. With condo prices now falling, the federal government could mitigate this historical debacle by turning a share of them into non-market housing.

It is possible – and in line with Ottawa’s current housing priorities.

In the decades after the Second World War, Canada experienced rapid economic growth and a sharp rise in unionization rates. Combined, the two factors meant that a larger share of the wo

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