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House prices can only rise when their is a shortage of houses. There needs to be more houses built.
by asdefghyk 1y ago
House prices can only rise when their is a shortage of houses.
There needs to be more houses built.
- appreciatorBus 1y agoThe last 10 years has been a non-stop parade of attempts to find any other explanation, any other solution, than the horror of allowing enough homes to exist in the places people want to live.
- toomuchtodo 1y agoSetting more reasonable immigration quotas is faster than building houses. https://www.cbc.ca/news/politics/ircc-immigration-housing-canada-1.7080376 https://www.cbc.ca/news/politics/ircc-immigration-housing-ca... > Federal public servants warned the government two years ago that large increases to immigration could affect housing affordability and services, internal documents show. > Documents obtained by The Canadian Press through an access-to-information request show Immigration, Refugees and Citizenship Canada analyzed the potential effects immigration would have on the economy, housing and services, as it prepared its immigration targets for 2023-2025. > The federal government ultimately decided to increase the number of permanent residents Canada welcomes each year to 500,000 in 2025, a decision that drew considerable attention and scrutiny. That means that in 2025, Canada will welcome nearly twice as many permanent residents as it did in 2015.
- appreciatorBus 1y agoThey aren't mutually exclusive. We set arbitrarily too low housing quotas in the late 1920's. We could have fixed them at any time between then & now. Yet for some reason we are still trying to avoid it, still willing to do anything but. If it takes all but a few years, a decade at most, to decide that immigration quotas are too high, why are we ok with it taking 100+ years to decide that housing quotas are too low?