From 1972 onward, between 10-20 percent of all housing built in Canada was public, non-profit, or co-operative owned. These units came with various affordability covenants that anchored prices. Suddenly, private landlords had to compete with a robust public sector that prioritized affordability instead of wealth extraction, lowering costs for everyone.

...

Renters could have their monthly payments subsidized through the Assisted Rental Program (ARP).

...

Low-income folks who wanted to own a home could secure below-market rate mortgages directly from the federal government, or have their private mortgages subsidized through the Assisted Home Ownership Program (AHOP).

...

In Toronto, where participation in FHAP programs was high, real housing costs fell by 30 percent between 1974 and 1978.

no no no just do thirty year mortgages it'll be fine