CHF Canada recommendations on the financialization of housing
Published June 07, 2023
CHF Canada recently submitted recommendations on the financialization of housing to the House of Commons Standing Committee on Human Resources, Skills and Social Development and the Status of Persons with Disabilities (HUMA).
The financialization of housing is the process where housing is increasingly treated as an investment rather than someone’s home. Impacts of the financialization of housing include devastating rent increases and housing insecurity, which can in turn lead to eviction, food insecurity, homelessness and more. In 2022, CHF Canada members passed the Homes for People Before Profit Resolution – committing to advocate for more co-operative housing as a way to reverse the impact of the financialization of housing.
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