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Nearly 4,500 Canadian Armed Forces members, families waiting for military housing
OTTAWA - Thousands of Canadian Armed Forces members and their families across the country are waiting for military housing, according to the Departmen...
Only when the overtime bills come in for all the civilians doing dom ops.If we shut off the lights and closed the doors for good tomorrow, would Canadians even notice, or care?
If we shut off the lights and closed the doors for good tomorrow, would Canadians even notice, or care?
In a lot of Canadian markets, the house that was $450k at the start of COVID is now $900k. Other Canadian markets sort of stayed stagnant. I know people who cannot get an affordable mortgage for a house to fit their families (depending on start & end locations of the posting message). The builders are already busy with new construction & are not going to offer charity deals to CAF members; there are plenty of other buyers.Let's see now:
- Last time I looked banks and CHMC still lend money;
- Soldiers still get regular paychecks.
- Tradesmen still build houses.
- Pay offices can still make deductions from pay accounts for rental payments.
Any landlord worth his salt would love to build condos or whatever for folks that have guaranteed incomes and are subject to military discipline to keep their quarters clean and undamaged and therefore are able to quickly repay the mortgages and start getting healthy returns on investments.
The solution is dead simple. The path to the solution is paved by bureaucracy and unnecessary complications. I have a hard time generating any sympathy for the CAF - the families, yes, the CAF, no.
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Which is why I could never figure out why the CAF didn’t keep a lot of the PMQ’s and Barracks.Current building costs are up about 20% from historical norms (after projected inflation). Jobs are being tendered with no bids. Workforce isn't there.
And we long ago left the world where a single income family with introductory wages can buy a home - military or not.
But, but, MBAs said to get rid of them! Public servants got promoted!Which is why I could never figure out why the CAF didn’t keep a lot of the PMQ’s and Barracks.
The sooner folks realize that the CAF isn’t a business the better…But, but, MBAs said to get rid of them! Public servants got promoted!
Because developers lobbied the government to both get rid of PMQs and stop CAF members paying lower than local rates for rental of the remaining PMQs.Which is why I could never figure out why the CAF didn’t keep a lot of the PMQ’s and Barracks.
The sooner folks realize that the CAF isn’t a business the better…
There are not many landlords out there who will invest in that. Or else they would. They know the pay Military makes and it limits them to what they can charge.Let's see now:
- Last time I looked banks and CHMC still lend money;
- Soldiers still get regular paychecks.
- Tradesmen still build houses.
- Pay offices can still make deductions from pay accounts for rental payments.
Any landlord worth his salt would love to build condos or whatever for folks that have guaranteed incomes and are subject to military discipline to keep their quarters clean and undamaged and therefore are able to quickly repay the mortgages and start getting healthy returns on investments.
The solution is dead simple. The path to the solution is paved by bureaucracy and unnecessary complications. I have a hard time generating any sympathy for the CAF - the families, yes, the CAF, no.
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Treasury Board enters the conversation.There are not many landlords out there who will invest in that. Or else they would. They know the pay Military makes and it limits them to what they can charge.
Overall this is a pretty ignorant comment in my opinion.
Lets say the average Corporal makes $5554 a month. Thats $66,600 a year base salary. That affords a person a $333,300 mortgage. If your in the Victoria area that might get you a 1 bedroom apartment hopefully.
If your in Edmonton you might find a place for that, It seems the further East you go the better off you might be. Once factor in taxes and such it looks pretty grim for many.
Tradesmen do not work for free, and developers work for 40-60% profit margins. For many in the Military leaves things out of reach.
The Senior Officer Corps needs to start pulling their heads out of the butts and realizing the issue is looking them in the mirror. They need more base housing, not based on local market price, but based on Affordability for its members.
When I was in Cold lake the house prices kept climbing, by the time I had money in the bank to buy the prices jumped up another $100,000. The conversation I had with My CO was if the Military would do low interest loans for housing of its members it would make more people able to stay and want to stay.
Even the PMQ rents were insane, not to mention the heating cost. But housing was short and cost were high. No real chance to make overtime so it was a loosing situation for many.
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Subsidized housing would have to be a taxable benefit to members.
Frack TB, tell those F-tards to go poop in their fist.Treasury Board enters the conversation.
Subsidized housing would have to be a taxable benefit to members.
As was stated above, money.Which is why I could never figure out why the CAF didn’t keep a lot of the PMQ’s and Barracks.