Jacobin’s David Moscrop recently talked to Canadian Centre for Policy Alternatives senior economist and public finance policy analyst Alex Hemingway about a new report that takes aim at property wealth inequality. The report lays out policy options for taxing owners and closing the wealth gap in British Columbia and across Canada.

Canada’s housing crisis is spiraling out of control. The situation has been critical for a long time, but it’s now moved well past critical and into deep crisis. The circumstances are particularly rough in British Columbia, where people are being priced out of the province or are trapped within it, grappling to make ends meet. Meanwhile, landowners have seen windfalls as prices soar and create a massive wealth gap between those who’ve won the property lottery and those left behind. But it doesn’t have to be that way. Hemingway has some ideas about how to close the wealth chasm and make housing more affordable.