If anyone doubts the premise of this article, and still thinks that lack of supply is the problem, I encourage them to visit Vancouver.
There is construction everywhere, with 40-story towers springing up like mushrooms, all across the metro area, creating mini-downtowns. On the edges, mountainsides are being clear-cut, and replaced with suburbs.
Almost none of the infrastructure to support it is paid for by the people who are benefiting from the housing crisis. Most provincial funds come from taxing people who contribute value, by doing useful work, instead of leeching off the system.
There is construction everywhere, with 40-story towers springing up like mushrooms, all across the metro area, creating mini-downtowns. On the edges, mountainsides are being clear-cut, and replaced with suburbs.
Almost none of the infrastructure to support it is paid for by the people who are benefiting from the housing crisis. Most provincial funds come from taxing people who contribute value, by doing useful work, instead of leeching off the system.