Solving Canada’s housing crisis shouldn’t require more than a single lesson in economics. When prices are high, a free market always responds and supplies more. Yet amidst Canada’s severe problems of housing affordability, this foolproof mechanism is continually...
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What we found: The factor that popped up in every market downturn was government intervention.
Goodman Report In June this year, we described the headwinds challenging rental housing providers and builders as they try to deliver new rental housing. The scarcity of purpose-built rental in B.C. is well-known, resulting from decades of depressed construction and a shortage of policies incentivizing delivery. A short-lived break from the near 0% vacancy rate … Continued
After years of run-up, the City of Vancouver’s Secured Rental Policy is finally making its way to a City Council public hearing for a vote.
By Andrey Pavlov, Ph.D., Goodman Report
By Claire Immega, Partner, Singleton Reynolds
By Andrey Pavlov, Ph.D., Goodman Report
Solving Canada’s housing crisis shouldn’t require more than a single lesson in economics. When prices are high, a free market always responds and supplies more. Yet amidst Canada’s severe problems of housing affordability, this foolproof mechanism is continually...
By Andrey Pavlov, Ph.D., Goodman Report