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I think this contributes, but it's not the principal problem. The core problem is supply shortage, which given the current astronomical prices has everything to
by eloff 9y ago
I think this contributes, but it's not the principal problem. The core problem is supply shortage, which given the current astronomical prices has everything to do with zoning. Relax that enough and the market will solve the problem in a matter of years.
- Tiktaalik 9y agoThis would be a satisfying solution were it not for the fact that Vancouver's housing starts and completions graph is a giant up and to the right. Vancouver has been building supply. At this point if you're a politician in Vancouver that is promising to solve the problem in a few years you're going to get dumped. People wanted this problem solved yesterday.
- eloff 9y agoIt takes years. Whether people like it or not. It's never too late to start doing something about it.
- toasterlovin 9y agoAbsolute growth in housing supply doesn’t matter. It’s growth in housing supply relative to growth in population.