Oct. 9, 2024

Broken City: Land Speculation, Inequality & Urban Crisis. Talking with author Professor Patrick Condon.

Broken City: Land Speculation, Inequality & Urban Crisis. Talking with author Professor Patrick Condon.

Vancouver grew its housing stock 300% but became the least affordable city in Canada. 🇨🇦 Shouldn’t increased supply reduce prices ?

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Vancouver has tripled its housing stock through upzoning and continues to be the most livable city in North America. But notwithstanding the densification and massive increase in its housing stock, Vancouver has become the least affordable city in Canada. Increased housing supply has seen affordabilty plummet making it the most expensive housing market in Canada. Why ?