What does that mean? Sorry for being dense, but are the two not related?
Furthermore, what solutions are there? People advocate building to allow for natural supply<->demand relationships to curb the absurd home price increases.
Isn't more supply simply one of the biggest factors to lowering the prices? Of course, purchasing homes via speculation is also a huge issue - but that affects supply too, no? So does AirBnB, Renters, etcetc. All things which reduce supply of owner avail homes, driving up the price of homes and furthering the cycle.
My understanding of all this is absurdly minimal, though. I just own a home (in the US), and that's about it. So please correct me if i'm wrong. Thoughts?
Demand in Canada in entirely from immigration, there's an obvious solution.
Ah, so is this tied to your previous comment? Ie you're saying ~"not a supply issue, it's a demand issue" and you mean that there is an artificial demand causing the supply to be insufficient. That the supply would be otherwise sufficient, if not for the external sources of demand.
I'm not familiar with the immigration issue in Canada, i'll have to peek at that. Appreciate your clarity