The real problem with Vancouver’s outrageous house prices

[BaddieB]

High immigration levels too, although if we had no zoning and housing restrictions it wouldn't be a problem. The Phoenix Metro grew by 30% to 50% per decade from the 80s to the 2010s, and housing remained dirt cheap (at least compared to Vancouver) by printing houses by the millions. I'm very against sprawl, and we shouldn't sprawl in Vancouver to build housing, but increasing supply above demand makes housing affordable. The current dynamic of imposing prohibitive fees and taxes, and heavily restrictive zoning, on new housing is the problem above anything else. Weird how the only people to address this are the BCNDP.