Quote:
Originally Posted by someone123
Well, the effect of NIMBYs on housing costs can be enormous. Halifax just hasn't seen that as much.
Here in Vancouver prices are driven up partly because of speculation and foreign buyers, but multi-unit prices are also high because land costs are high and high density zoning in good neighbourhoods is in short supply.
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Definitely, but I don't think that's the implication here. Teddifax seemed to be conflating tall buildings and a build-baby-build mentality, in and of themselves, with attractiveness to newcomers.
I don't think we've really seen anti-development types successfully restricting housing supply in Halifax and driving up prices, though it certainly could happen in the future, once the city is more thoroughly infilled.