B.C. was not immune to the housing crisis, but with bold choices from an NDP government, they’ve seen housing starts go up by 11 per cent, writes Jessica Bell.
The NDP is doing the best job in the country for housing affordability but I don’t see any metric in the article that quantifies it.
In itself this statement is incorrect.
These policies are making housing more affordable in real time for British Columbians.
The issue with any regional housing affordability improvement is the fact that it is regional and the benefits are not limited to locals. If BC magically halved our housing prices tomorrow it would return to high prices within months with the induced demand. I don’t see a solution where affordability is not collectively fixed in this country.
The NDP is doing the best job in the country for housing affordability but I don’t see any metric in the article that quantifies it.
In itself this statement is incorrect.
The issue with any regional housing affordability improvement is the fact that it is regional and the benefits are not limited to locals. If BC magically halved our housing prices tomorrow it would return to high prices within months with the induced demand. I don’t see a solution where affordability is not collectively fixed in this country.