Madam Speaker, that is absolutely true. In fact, I was talking earlier about Columbus housing co-op, which is in Elmwood. Thirty-five of the 70 units in that building are rent-geared-to-income units, but the other units are market rent, essentially.
We held a seniors town hall in my riding back in the fall, and one of the things we heard was that seniors are facing a real challenge, particularly at the time they are thinking about transitioning from their family home into other living spaces. The member is quite right that they might have a lot of equity in their home, but if they are still in the same housing market, that equity gets used up very quickly just to secure another place to live.
We want to see some quicker action from the government. It found $4.5 billion overnight to buy a pipeline, not to build a new pipeline but to buy one that already existed. We are saying that if it put the same amount of effort and concentration into building housing in this country, it would be going a lot faster, which is appropriate because we need to be responding to a crisis, not getting around to it in 10 years.