Your analysis on 3 is nonsense? People clearly want to buy non-SFH. Look at time on market and price growth for non-SFH units, people want them. Toronto for ex

Your analysis on 3 is nonsense? People clearly want to buy non-SFH. Look at time on market and price growth for non-SFH units, people want them. Toronto for example largely doesn't have "middle" zoning, its either single-family or condo towers. Similarly for Vancouver. No surprise, Vancouver/Toronto are the worst hit compared to Montreal or Ottawa, which has a spectrum of density (rather than a bipolar distribution). Moreover, even within the SFH, there's a huge spectrum of density between something like Atherton, CA and a rowhouse district in Philly.