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No, NIMBYism is destroying Canada. What's needed is to lift restrictions on new housing construction. Abolish parking minimums, floor area ratios, setback requi
by namlem 4y ago
No, NIMBYism is destroying Canada. What's needed is to lift restrictions on new housing construction. Abolish parking minimums, floor area ratios, setback requirements, etc.
- whimsicalism 4y agoThe reason NIMBYism doesn't work to lower housing prices is because you can't just pass a law that says "don't rent/buy here." With immigration, you literally can pass that law so my guess is that it would have some impact on easing demand.
- thehappypm 4y agoNIMBYism wouldn’t be as much of a problem if the housing supply didn’t need to expand. Canada has about triple the immigration rate of the US, about 1% population growth each year. That population growth is concentrated in top metros as well (obviously — people immigrate to where the jobs are). This policy means that housing supply should also grow 1% per year which is appearing to be extremely difficult
- namlem 4y agoCanada is a major producer of construction materials. The reason growing housing supply is difficult is because of artificial legal restrictions imposed by NIMBYs.