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The frustrating thing about the supply side solution is that the answer to every argument is always "add more supply!" even if the city is obviously already doi
by Tiktaalik 10y ago
The frustrating thing about the supply side solution is that the answer to every argument is always "add more supply!" even if the city is obviously already doing so at an aggressive pace.
The reality is that there are real world physical limits to adding supply. There are a limited amount of trades for example. There is a limited capacity to review and process development applications. It takes time to complete buildings.
Unlike Silicon Valley Metro Vancouver has steadily built condos for decades and the region currently has more housing starts than at any other time ever.
Vancouver's issues are deeper and more urgent than a one dimensional supply side solution can solve.