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We Know Why Housing Is Expensive

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Why chronic housing supply is the real cause of ever increasing housing prices.

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References & Sources [1] https://memes.yarn.co/yarn-clip/f4ec0f7e-2527-4da8-bb22-25f7f58454b2 [2] Vancouver viducts [3] https://tmi2kml.inl.gov/Documents/2b-Rogovin/NUREGCR-1250V2PT2,%20TMI,%20A%20Report%20To%20The%20Commissioners%20And%20To%20The%20Public%20(Rogovin%20Report)%20(1980-01).pdf [4] https://superwatchman.com/nicolas-cage-rolex-daytona-price/ [5] https://youtu.be/-Bg7DC7n-eU?t=738 [6] https://voxeu.org/article/declining-elasticity-us-housing-supply [7] https://www03.cmhc-schl.gc.ca/hmip-pimh/en/TableMapChart/Table?TableId=2.1.31.3&GeographyId=2410&GeographyTypeId=3&DisplayAs=Table&GeograghyName=Vancouver [8] https://www.cbc.ca/news/canada/british-columbia/vancouver-empty-homes-report-1.3481195 [9] https://biv.com/article/2018/12/empty-homes-are-fraction-city-vancouver-estimate-report [10] https://www.theglobeandmail.com/opinion/article-empty-home-taxes-wont-solve-canadas-housing-problems/ [11] https://www03.cmhc-schl.gc.ca/hmip-pimh/en/TableMapChart/Table?TableId=1.1.1.8&GeographyId=2410&GeographyTypeId=3&DisplayAs=Table&GeograghyName=Vancouver [12] https://vancouver.ca/files/cov/2020-housing-vancouver-dashboard-q4.pdf (CMHC numbers are the CMA) [13] [14] https://ici.radio-canada.ca/info/2019/04/airbnb-annonces-location-logements-plateforme-montreal-canada/index-en.html [15] https://www12.statcan.gc.ca/census-recensement/2016/dp-pd/prof/details/page.cfm?Lang=E&Geo1=CD&Code1=2466&Geo2=PR&Code2=01&SearchText=Montreal&SearchType=Begins&SearchPR=01&B1=All&GeoLevel=PR&GeoCode=2466&TABID=1&type=0 [16] https://youtu.be/-Bg7DC7n-eU?t=832 [17] https://nypost.com/article/nyc-real-estate-market-housing-prices/ [18] https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=3410012701&cubeTimeFrame.startYear=1990&cubeTimeFrame.endYear=2020&referencePeriods=19900101%2C20200101 [19] http://demographia.com/dhimedia2020.pdf [20] https://www.stuff.co.nz/business/125931015/housing-a-human-rights-calamity-commissioner-says [21] https://www.bloomberg.com/news/features/2021-04-06/new-zealand-is-among-world-s-most-expensive-property-markets-compared-to-income [22] https://www.rbnz.govt.nz/news/2021/08/house-prices-above-sustainable-levels [23] https://www.theguardian.com/world/2021/aug/02/new-zealand-commission-launches-inquiry-into-massive-human-rights-failure-on-housing [24] https://www.treasury.govt.nz/sites/default/files/2021-04/tax-housing-4401340.pdf [25] https://www.theglobeandmail.com/opinion/article-new-zealands-bold-housing-law-may-be-a-fit-for-canada/ [26] https://www.stuff.co.nz/national/politics/300433304/labour-national-announce-sweeping-housing-density-law-threestorey-homes-without-consent#:~:text=A%20law%20change%20will%20allow,by%20de%2Dfanging%20planning%20laws.

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