An insightful & well researched article by @katiederosayyj warning governments that up-zonings & ‘missing middle’ policies may result in more high-priced #housing & not more housing that’s #affordable for middle income earners @KahlonRav vancouversun.com/business/real-…
@WiseArny @katiederosayyj @KahlonRav Wow. Obviously I went in skeptical (logically the only way way building more could make average prices worse would be if it didn't go far enough, vs demand) but it really is a terrible article. Look at this hand-brake non sequitur:
@neil21 @katiederosayyj @KahlonRav Neil, Your logic is impeccable Your conclusion is unattainable nonsense No amount of building more #supply can go far enough to satisfy the insatiable #demand for Vancouver #housing by #investors (foreign & domestic home hoarders) who drive up #housingprices beyond local incomes
@WiseArny @katiederosayyj @KahlonRav Who lives in these abundant investor-owned properties?