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Keeping Up with Demand

Keeping Up with Demand 

(click the title for the news article)

TheTyee.ca


"It is quite interesting to hear the discussions about affordability. It is actually a very simple issue. There are only two things that influence price -- supply and demand,"

 

Blaming it on foreigners is an embarrassment. The three things we need to do to get control of housing prices are supply, supply, supply."

 

A reader's comment:

 

The only way to get to affordable housing is to put more units on the land which means building upwards= highrises. The cities appeal internationally has moved the affordable break-point past ground level densification.

 

http://thetyee.ca/News/2012/03/19/Vancouver-Housing-Demand/index1.html

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