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Canada needs to build 1.3M additional homes by 2030 to close housing gap, says PBO
(www.thecanadianpressnews.ca)
this post was submitted on 11 Apr 2024
107 points (100.0% liked)
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Yes and no. There isn't plenty of available land where people want to live. You'd have to buy up existing properties to build up. Even if it got rezoned, it would take decades to get enough people to sell and move out to build 3.5 million more units and that's the build target for 2030 (which is only 6 years from now if we're being generous)