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How to solve Vancouvers affordable housing crisis

1534 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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when BC does a la US Subprime mortgage crisis... that's the only way the market will be corrected. :D
a very drastic correction...
^^ How bout Calgary??
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