More housing supply isn’t a cure-all for the housing crisis

More housing supply isn’t a cure-all for the housing crisis

Canada needs to build more homes, faster, according to a recent report by the Canada Mortgage and Housing Corporation. The report estimates that British Columbia alone will need 570,000 new units by 2030 to meet a moderate affordability level of 44 per cent. Not coincidentally, building more housing has gained steam among policy-makers, including David Eby, B.C.’s minister of housing and…

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