Pundits lament the shift toward a buyer's market.
All tagged Supply Myth
City of Vancouver is Targeting the Wrong Housing Objective
City of Vancouver’s objective in refreshing its housing targets shows they have lost sight of their purpose.
Metro Vancouver housing supply crisis is much worse than we originally thought.
By 2020 Metro Vancouver housing stock will be short by 47,000 homes! The housing supply problem is bad, it’s real, and will get worse.
We’ve all heard people in Vancouver who blame lack of supply for housing unaffordability. Many will have heard the opposing argument that the supply problem is a “myth”. However, our analysis at Mortgage Sandbox shows that the supply problem is real and could be worse than any of us imagined.
We need to settle this once and for all, so that government can act quickly to solve the housing crisis.