Quote:
Originally Posted by CliffFletcher
It is odd how that particular strategy sucks up all the oxygen about the housing crisis. Not just with opponents, but with proponents who reserve all their anger and frustration over housing for NIMBY’s and restrictive zoning. You can read hundreds of comments online about housing affordability where nothing but up-zoning and the goddamn NIMBYs who stand in its way are brought up. I guess it’s an attractive framing because it has a target - stupid people to get angry at.
Once people hit middle age, they typically stay in their homes a long, long time. Often until they die. So the densification of neighbourhoods through upzoning is measured in decades. Even after this bylaw passes, we’ll be left with huge annual housing shortfalls in this city. When do we move on to talking about how those will be addressed?
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How do you incentivize developers that are sitting on epic amounts of land, along with the city sitting on loads of vacant or underused land, to get projects underway that would bring tens of thousands of units, perhaps even a hundred thousand units online within a few years? Interest rates, appear to the main impediment right now, with concrete construction costs second.