Canada's developers are building less housing despite crunch, a new study says. That could keep prices up - eviltoast
    • Rocket@lemmy.ca
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      1 year ago

      If you only increase supply for the rich

      Affordable housing only increases the supply for the rich. After all, if they are affordable, they are especially affordable for those who are rich. The only way to break out of that is to construct so many homes that the rich no longer want any more. Policies to scare developers away from building homes does not get you there.