Quote:
Originally Posted by PeteMoss
People aren't going to build housing/condos/apartments for some possible future population. They need people here so they build them. If you pause bringing in people so the market catching up - its going to stop building at the same rate.
|
The main demand for housing is from the immigrants, and young people that are already here. If you slow down or temporarily halt the flow of immigrants, you should in time be able to stabilize the demand and escalation of prices. Then there would be less need for all the condos/apartments/duplexes/townhouses/2, 4, 6 plexes etc. that end up ruining our neighborhoods and degrading our environment.