It's not for you. Other people could learn some basic economics from trained economists.
https://www.theglobeandmail.com/news/br ... e37601341/
Increasing supply = more investment and jobs.Thomas Davidoff and Tsur Somerville are associate professors in the University of British Columbia's Sauder School of Business. Joshua D. Gottlieb is an associate professor in the University of British Columbia's Vancouver School of Economics
More than two centuries of economic science shows that supply and demand factors are both crucial for determining prices.
From avocados to apartments, markets must use prices to allocate scarce goods to the consumers who want to buy them.
Increases in demand for housing come from many sources. These include rising incomes, cheaper and easier mortgages, a city becoming a more attractive place to live, new household formation and inflows of investor capital.
But for any increase in demand, the supply response determines how this demand affects prices. When supply can rise quickly, increasing demand leads to more output. This dampens price growth. But if supply cannot increase sufficiently in the face of rapid demand growth, price increases can be astronomical – as Vancouver and Toronto have recently shown.
Housing affordability in Vancouver suffers from both demand and supply-side pressures. Demand growth is high while both geography and regulation restrict housing supply. Of what land developers could use, zoning limits where and how. A long and arduous permitting process slows the supply response to increases in demand.
Decreasing demand = government messing in the markets.
Markets are better than government at allocating scarce resources. The NDP is pandering for votes because they want to stay in power.