[bryanlarsen]

Canada is much better at building housing than the US is. For example, Toronto typically is #1 in North America in counts of construction cranes.

The problem is that being better is not good enough since our immigration and growth rate is so much higher than the US. IIRC the Vancouver metro area builds about 50,000 housing units per year which is way more than a typical American metro. But that's about half of demand, so the demand/supply imbalance grows faster in Vancouver that it does in an American city.

[theironhammer]

Also foreign buyers can buy up whatever gets built. The Anglo-Saxon disease.

[red-iron-pine]

Soon they'll be calling that the Chinese New Money disease