Homeowners generally have a stronger incentive to maintain their residence than renters.
Zoning rules have frustrated the city’s goal of increasing housing supply.
The severe lack of housing options is hurting the prospects of many young Canadians.
From 2016 to 2021, more than one-quarter of city neighbourhoods lost more housing units than they added.
In Canada, "ground-oriented” housing is 31 per cent more expensive than before the pandemic.
Canada’s Housing Mismatch: Many Canadians prefer ground-oriented homes, but not enough are being built
Non-resident investors owned only 2.5 per cent of all houses in the province.
Calgary's rental vacancy rate for purpose-built rental units fell from 5.1 per cent to 2.7 per cent.
Vancouver's rental vacancy rate was just 1.2 per cent.
Insufficient supply relative to demand means fewer homes available to renters and buyers alike.