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How to solve Vancouvers affordable housing crisis

1537 Views 8 Replies 5 Participants Last post by  vanboy2
Basically how do you solve Vancouver's housing crisis? By building raising mortgage rates and requiring drastically higher downpayment requirements like what Singapore and HK is doing? Building HK style 50 storey tower blocks? Or simply imposing some sort of residence requirement for home buyers?
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as long as Canadian immigration policy remain the same,Vancouver will always a mecca for Asian investors ,well look at the reality here....the weather,the scenery,the short cross of Pacific ocean among many thing... a crisis for a locals but this opportunity never old to any abroad investors.
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