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submitted 3 weeks ago by [email protected] to c/[email protected]

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The Canada Mortgage and Housing Corp. says the goal to reach 2004-level affordability is no longer possible, but it is achievable to hit 2019 levels.

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[–] [email protected] 1 points 3 weeks ago

And yet new starts are down, and developers are laying people off.

We will not build ourselves out of this problem. Our system is not interested in supplying enough houses to drive down prices.

We have to drive them down a different way.