A detailed look at the political, policy and academic arguments that blame cities for our housing affordability crisis to assess how valid they are.
In the third our semi-regular sit downs, which we're calling "Move Smartly Ideas," about what I'm thinking, writing and talking to the media about this month, I talked to Urmi Desai, Move Smartly editor, about the claim that many of Canada's politicians like to make - that cities, because they don't build enough housing, are to blame for Canada's affordability housing crisis.
This time, I look at the academic research and data to assess the claim that cities that have more ability to build housing are able to keep prices more affordable, how cities in Canada and the US compare and what other factors may be at play.
You may also be interested in viewing our other discussions:
John Pasalis is President of Realosophy Realty and author of the monthly Move Smartly market report. A specialist in real estate data analysis, John’s research focuses on unlocking micro trends in the Greater Toronto Area real estate market. His research has been utilized by the Bank of Canada, the Canadian Mortgage and Housing Corporation (CMHC) and the International Monetary Fund (IMF).
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