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Land-use regulation in “superstar” U.S. cities—same old sad story
The key to understanding housing affordability woes in our most expensive cities is understanding the extent that local regulatory environments hamper the construction of new homes. To do this, however, one must first measure local ...
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By targeting foreign buyers, Queen’s Park misses the point
Appeared in the Toronto Sun, July 30, 2017 According to a recent announcement from Queen’s Park, 4.7 per cent of properties purchased in Ontario’s Greater Golden Horseshoe (between April 24 and May 26) were acquired by foreign individuals or corporations. ...
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How an NDP-Green government can free up B.C.’s housing supply
Appeared in the Vancouver Sun, June 12, 2017 In the wake of last month’s election, the NDP and Green Party appear poised to form the next government in Victoria. And yet, in their 10-page agreement, (which has sweeping implications for the future of ...
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Ontario’s double-squeeze on new homes
Appeared in the Toronto Sun, May 12, 2017 As public concern over skyrocketing home prices in Toronto reaches a fever pitch, governments are quick to point to external factors—foreign buyers, real estate speculators, supposed greedy landlords—but rarely ...
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Housing in Vancouver—the city can’t be both low-density and affordable
Appeared in the Vancouver Province, May 4, 2017 Housing prices in B.C. have caused a media frenzy, as analysts, pundits and activists wrestle with how to improve affordability in Vancouver. So far, the discussion has fixated on foreign buyers, speculators ...
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New Homes and Red Tape in British Columbia: Residential Land-Use Regulation in the Lower Mainland
As an increasing number of people move to Canada’s major cities, high housing prices persist in its most desirable markets. With growing concerns about housing affordability and prices, understanding how public policy affects the supply of new homes is ...
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Once again, Mr. Sousa, taxing foreigners is not the answer to Toronto’s housing woes
Appeared in the Toronto Sun, March 17, 2017 The idea of a tax on foreign homebuyers has reared its head in Ontario once again. After British Columbia last year announced it would tax foreign buyers an extra 15 per cent on residential real estate in Metro ...
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Let's make room for skilled workers in Metro Vancouver
Appeared in the Vancouver Sun, February 17, 2017 Many tech companies and employees are scrambling to adjust to the recent executive order issued by President Trump restricting entry from seven countries, and rumours of an impending crackdown on visas for ...
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B.C.’s interest-free loans could hurt new homebuyers more than it helps
Appeared in the Vancouver Sun, December 30, 2016 Due to Vancouver’s sky-high housing prices, many residents worry they might never be able to climb the property ladder. Indeed, a recent survey found that housing issues ranked as British Columbians’ ...
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New Homes and Red Tape in Alberta: Residential Land-Use Regulation in the Calgary-Edmonton Corridor
As an increasing number of people move to major Canadian cities, housing prices have continued to rise in its most desirable markets. Understanding how public policy affects the supply of new homes is critical. The Fraser Institute’s survey of housing ...