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>limited supply in popular metro areas Is it really a limited supply, or just speculators buying them and not bothering to rent them out? Vancouver has 25000 e
by cpncrunch 9y ago
>limited supply in popular metro areas
Is it really a limited supply, or just speculators buying them and not bothering to rent them out? Vancouver has 25000 empty homes.
- justnoise 9y agoIn the case of US cities (sorry, I don't know about research that covers Canadian cities) research shows it's a limited supply and failure/inability to grow that makes popular cities expensive: https://www.buildzoom.com/blog/cities-expansion-slowing https://www.buildzoom.com/blog/cities-expansion-slowing Edit: They key section of that study is the section called "Expensive cities and expansive cities"