this post was submitted on 02 Oct 2025
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Maybe for a bit as those companies go out of business. Then they go way up because there's no new houses. Or we could solve whatever the underlying problems are.
The underlying problem is houses are priced to high. There is no such thing as an "unsold home" - they are overpriced. Mystery solved.
The thing we're worried about here is unbuilt homes. I think I actually laid it out pretty clearly.
Overpriced homes will go unbuilt, as will homes for foreign investors and homes for short term rentals. That's all good news so far. Demand for affordable homes for Canadians homes will continue, and so will supply. Supply of those homes will increase as supply of the overpriced decreases - ie when the real estate industry starts building what people want and no what they want to sell.
"homes will go Unbuilt if we don't bend over for the real estate industry" is exactly the same lie as "if we tax Job Creators the jobs will go away".
The homes in the article were the affordable kind.
The absolute gall of you, talking about solving problems. Are you even thinking about those poor rich folks out there?
Actually no. This one might not have anything to do with them; few people benefit from homelessness, and the article itself mentions some nebulous thing about the laws governing developments in Vancouver.