It may have something to do with urban design and zoning in the two countries. Candace has far fewer exurbs and higher suburban density. You can’t just add new housing stock by moving beyond a city’s boundaries.
Zoning laws have become weaponized. I would bet that the more zoning laws passed, the higher prices have increased. In places like San Francisco, neighbors can fight your permits and delay your building by years/decades depending on how much effort is put in. California stopped building enough housing supply to meet demand in the 1970s and since then has slowed new housing construction. We need to reverse this.
I can’t speak to SF, but there have been so many construction towers in Canadian cities. They are densifying rapidly, but a lot of it have been condos and apartments.
diogenescynic|2 years ago
ikerrin1|2 years ago