Building 4 million homes? Not so fast.

The messaging that 4 million homes will be built by 2031 ignores one vital factor: the availability of the financial resources required to do so. The push to build more may end becoming counterproductive.

CMHC link: https://www.cmhc-schl.gc.ca/professionals/housing-markets-data-and-research/housing-data/data-tables/housing-market-data/monthly-housing-starts-construction-data-tables

***

Independent voices are more important than ever in today’s Canada. I am happy to add my voice to the public discussions on current issues & policy, and grateful for all the encouraging response from my listeners & readers. I do not believe in a Paywall model, so will not make access to my content subject to a payment.

To help me bring more content to you, please consider donating a small amount via this PayPal link on my website: https://darshanmaharaja.ca/donate/

Image Credit: ‘Vintage Car on a Field’. Original image from Carol M. Highsmith’s America, Library of Congress collection, from rawpixel.com; the image is at this link. I have cropped the image to fit the space here. Used without any other modification under Creative Commons Licence.