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I'm not sure if you're familiar with Vancouver but outside of the small downtown core, there isn't much zoning for density. Government policy has created a supp
by rgoldade 11y ago
I'm not sure if you're familiar with Vancouver but outside of the small downtown core, there isn't much zoning for density. Government policy has created a supply shortage.
However, condos come with their own issues as well. There has been a building boom in Toronto that has it owns issues.. http://www.cbc.ca/news/canada/toronto/fears-that-shoddy-toronto-condos-could-become-future-slums-1.2796979 http://www.cbc.ca/news/canada/toronto/fears-that-shoddy-toro....
I think urban planning is more complicated than simply increasing supply.
- ido 11y agoAnd yet 100% of major US cities that built a lot of housing between 1990 and 2013 have low housing costs: http://www.spur.org/sites/default/files/wysiwyg/asking.prices.png http://www.spur.org/sites/default/files/wysiwyg/asking.price...