Experts said that wealthy investors with second or third properties are pricing out first-time homebuyers and reducing the overall housing supply in the real estate market.
Is the solution not incredibly obvious? Ban non-owner occupied purchase of SFH. You want to get in the market? You need to create purpose built units with high density.
It’s both really, but investment firms are certainly a bigger, growing, threat
Is the solution not incredibly obvious? Ban non-owner occupied purchase of SFH. You want to get in the market? You need to create purpose built units with high density.
Yes, but that’s not gonna fly with the capitalists.
Also less high density, more medium density please. That’s how you get dense but livable places like Montreal.