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Old Posted Jun 6, 2023, 8:19 PM
Greetingsfromcanada Greetingsfromcanada is offline
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Join Date: Oct 2018
Posts: 114
Quote:
Originally Posted by whatnext View Post
Private development will take care of building expensive units for those who can afford them. We have seen that is not enough. Only the senior levels of government can provide that type of housing, whether it is using the Vienna model or something else.

The notion that developers will lower their prices if only they could get approvals from municipalities faster is laughably naive.
You're naive and delusional to the point where you've never even bothered to check if what you believe in is backed by any shred of evidence. Demand for new or costly housing doesn't disappear if you don't build. People with money just end up buying and renting properties poor people would have been able to otherwise.



https://doodles.mountainmath.ca/blog/201...le,adjusted%20rents%20tends%20to%20climb.
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