Rising incomes and low interest rates have generated tremendous demand for housing across the country.
housing demand
In the greater Toronto and Vancouver areas, rents keep rising and rental vacancies remain low.
Housing unit completions in B.C. have remained relatively flat over the last decade.
Increasing demand for something in short supply will result in higher prices.
The Wynne government almost exclusively targeted housing demand—not supply.
Home prices in the GTA have risen almost 50 per cent since the last provincial election in 2014.
Doug Ford pledged to “open a big chunk” of Ontario’s Greenbelt, then changed his mind.
B.C.’s NDP government plans to spend at least $6.6 billion over 10 years on social housing.
In today's budget, B.C. NDP Finance Minister Carole James said the government’s housing plan will be “comprehensive."
Metro Vancouver’s housing crunch exists primarily because there aren’t enough new homes getting built.
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