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by Nomentatus
1354 days ago
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Things could always be more efficient; but the housing shortage is now Canada wide, throughout jurisdictions. It's systemic, pretty much everywhere. You're right that letting low birthrate rule has problems (see Japan) but not such extreme ones, impoverishing so many. |
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Yes. That's what I mean by "systemic" too. The housing policy problems are a result of incentives and the same incentives exist across municipalities in Canada. Municipalities also don't exist in isolation; for example as Vancouver prices out people they move to nearby areas like Kelowna and exacerbate the problem there.
It's not a simple matter of efficiency. The bureaucracy is a symptom of the incentive structure. Councils have the vast majority of control over new buildings and they're not incentivized to approve them. Councils are mostly homeowners and are voted in by mostly homeowners, who mostly don't want to see their neighbourhoods change or the price of their single detached homes decrease.