# Government Buys Empty Condos for Affordability

Page: https://stenobird.com/podcast/montreal-news-today-2-min-news-the-daily-news-now-7589889/government-buys-empty-condos-for-affordability
Text version: https://stenobird.com/podcast/montreal-news-today-2-min-news-the-daily-news-now-7589889/government-buys-empty-condos-for-affordability.md
Podcast: [Montreal News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/montreal-news-today-2-min-news-the-daily-news-now-7589889)
Published: 2026-06-21T20:51:41+00:00
Episode link: https://api.fastcast.ai/audio/9d70e753-ea14-48c1-a87c-dfa3ce1aaba6.mp3
Audio file: https://api.fastcast.ai/audio/9d70e753-ea14-48c1-a87c-dfa3ce1aaba6.mp3
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Duration seconds: 106

## Resource

Federal and B.C. governments are launching a $5 billion plan to buy thousands of vacant condos in Metro Vancouver and convert them into affordable housing—sparking debate over whether it’s a smart fix or a developer bailout. While Prime Minister Mark Carney says the move will quickly unlock unused units, Conservative Leader Pierre Poilievre blasts it as government interference, arguing the market should self-correct. With empty condos up 76% year-over-year, critics question if the plan prioritizes industry rescue over real housing solutions. Poilievre’s counter: slash red tape and taxes to boost new construction, letting supply and demand fix prices naturally. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/afd904ad57fb005b

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