"Critics of supply-side solutions say new homes often cost more and don’t meet the needs of low- to middle-income households.

[josephsimons@mstdn.ca]

"Critics of supply-side solutions say new homes often cost more and don’t meet the needs of low- to middle-income households. But new research shows that even the supply of mid- to high-priced homes initiates a chain of vacancies that eventually lead to openings in affordable segments, proving supply helps even when housing is built in expensive markets."
#housing #affordability
https://financialpost.com/real-estate/evidence-increasing-new-housing-supply-improves-affordability