252
Liberals promise to build nearly 500,000 homes per year, create new housing entity
(www.thestar.com)
this post was submitted on 31 Mar 2025
252 points (98.8% liked)
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I'm under the impression that it's simply increasing supply to flood the market and meet demand. I don't believe that CMHC analysis included price controls. It's been a while since I read it though.
Assuming that they've only looked at that, then by introducing useful, at-cost units on the market (rental or real estate), it might be possible to depress prices through fewer units. E.g. units like the 2-3 bedroom ones in cheap, brown multistorey buildings the CMHC used to build before condos became popular. A smaller flood of such units would bid prices down directly.
Definitely, but I don't think the CMHC study distinguishes between unit types, nor do housing start stats. I believe we had 225k starts for the last couple years. We need to increase those numbers dramatically to improve affordability.