Quote:
Originally Posted by LeftCoaster
While I don't think housing supply is the whole problem, it certainly isn't helping things. While we are building a lot of housing, we simply aren't building enough, with 35,000 to 45,000 people moving to metro Vancouver a year we need to be building much more. last year was a record at about 26,000 starts, given that a lot of those were studios and 1 beds and we are trying to dig ourselves out of an already existing deficit, it simply isn't enough, and it's ONE of the reasons we have seen such crazy jumps in prices over the last two years.
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Asking honestly since you're in the business, is it possible that with less investment demand there would be more family-oriented housing built? Since new builds would reflect actual housing demand as opposed to investment demand, which doesn't really care how the unit actually works.
I recognize that it's hard to build larger units/developments in general because of the ALR and restrictive zoning, but maybe some of the towers being built would have larger units?