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Are ‘mom-and-pop’ investors pricing out first-time homebuyers?
(globalnews.ca)
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this post was submitted on 01 Apr 2024
98 points (93.0% liked)
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Theres no one single issue, but all of the above happening at once AND a population boom at the same time to top it off. We need an all-of-the-above approach to fix it too. Remove zoning restrictions, make lending for multiplexes easier, build public housing as fast and as much as possible, and found new towns... to name a few.
More builds won't solve anything until we get investors out of housing.