Comment by DMac87

Also, the city allows buyers to take what used to be a family home (e.g. 4-5 bedrooms), tear it down and put up a 1-2 bedroom house (more modern, more amenities, e.g. garage, sauna, etc). Why policymakers allow this if they believe there's a supply problem is beyond me - on my block the number of bedrooms has gone down by about a quarter in the last few years as a result...