On April 14, over 400 people packed the sold-out Rio Theatre to hear economist Michael Hudson talk about the Vancouver affordability crisis in an event organized by the BCGEU and the Canadian Centre for Policy Alternatives.
His presentation and the following Q&A touched on the links between global financial systems and the real estate market. His talk explores the ways in which rising real estate prices are actually making the city poorer, not wealthier.
As a union representing workers across BC, the BCGEU is taking this issue seriously. That is why we brought Michael Hudson to start this important conversation within our communities.
You can watch the entire recording of his talk and two short clips below:
Michael Hudson on Debt Deflation
Michael Hudson on the Curse of Rising Real Estate Prices